Business & Commercial Debt2025-03-21T09:35:09+00:00

Business & Commercial Debt

A lot of Homeowners that run a business decide to expand and when they have a Business Overdraft, or commercial borrowing to support or grow their business, they are often pushed into securing the debt against their private residence.

Business & Commercial Debt

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Secured Business & Commercial Debt

If the business then fails or even hits a bad patch, the Bank or Lender can “call in” a proportion, or even all of the money. Many people do not realise that all their business loans and overdrafts with a specific bank can be combined under an “all monies order” as are therefore treated as an accumulative debt that is due immediately.

An All Monies Order renders the Judge relatively powerless and there is no specific regulation on Business debts however this can change when it is related to a residential dwelling, depending on whether it is related to a first or second charge. Clearly, therefore, every case requires a very specific assessment and you will need very specific advice in order to prevent the Bank/Lender from obtaining possession of your home.

A lot of Homeowners do not contact us until the Lender has taken eviction action, we have the knowledge and power to stop the eviction.

Business

How to Stop Repossession

Make sure you talk to your lender

1. Don’t take emergency finance

Other companies may have misled you into believing that a bridging loan or short-term finance is your best or even only choice. That’s not true. The temporary relief will be short-lived when you are facing repossession for a much higher sum.

Try not panic and stay calm

2. Don’t accept a quick sale

In desperate situations, you may be tempted to accept a below-market-value “instant cash” offer on your home. Avoid quick sale companies at all costs—they profit from your misfortune. We can provide better options.

 Review household expenditure

3. Get us to help

We can help you navigate through your options. We will force your lender to give you time to make a decision that suits you. Our first step is to assess affordability for you to keep the property long-term. If this is not an option, then we will ensure you speak to regulated finance professionals or have time to sell your property on the open market.

How We’ve Helped Other Homeowners

Google Rating
  • I cannot recommend David Harrison highly enough. He was very professional and knowledgeable throughout the whole process. From the first phone call they were an absolute super star.

    Martha Ngara Avatar Martha Ngara
    October 27, 2025

    Very helpful advice given my term has expired but was given very good advice about my options & time frame

    Ian Dunn Avatar Ian Dunn
    September 18, 2025

    What A Great Gentleman Richard is, absolutely Professional for the work he does. I was googling N244 at 1am in the morning as I was potentially looking at Repossession &... read more

    Ajeel Safir Avatar Ajeel Safir
    September 11, 2025

    I was in a low / dark place 18 months ago following some difficult personal circumstances. There were too many spinning plates and struggled to regain control, and faced certain... read more

    Andrew Kiely Avatar Andrew Kiely
    August 13, 2025
  • Richard was very easy to talk to, it was so reassuring that there are ways to help and he put my mind at rest, looking forward to taking to... read more

    David Arnold Avatar David Arnold
    August 6, 2025

    What can I say about HMS,saved me from my property being repossessed on the last minute with the honest advice from Richard very much appreciated these guys are amazing.i called... read more

    Gamming Channel Avatar Gamming Channel
    July 30, 2025

    Exceptional Support During a Difficult Time Homeowner Management Services went above and beyond when I was facing a very stressful situation with an inconsiderate lender trying to take possession of my... read more

    Mjr David Avatar Mjr David
    July 28, 2025

    Ben was very understanding and helpful..I would highly recommend this company

    Martin Garvey Avatar Martin Garvey
    June 5, 2025
  • Great understanding & very helpful advice on my pending repossession order. Many thanks...

    Pam Benton Avatar Pam Benton
    May 29, 2025

    Having problems with a possession hearing! Richard was amazing and incredibly helpful and supportive, he even took the time to offer free advice in writing to help me on the... read more

    Jonny Worthy Avatar Jonny Worthy
    May 28, 2025

    Ben was amazing and always available at any time of the day. Helped within a few days

    Adam Ahmed Avatar Adam Ahmed
    May 1, 2025

    HMS are brilliant.I have used this company a couple of times now and they cannot do enough for you.Richard,ben and david are an incredible team so much knowledge and confidence... read more

    Jc S Avatar Jc S
    May 1, 2025
  • I would highly recommend Richard and the term at Homeowner Management Services. They provided invaluable support and advice when I contacted them about my mortgage coming to the end of term. My... read more

    Ann Mullins Avatar Ann Mullins
    April 30, 2025

    We had been given a repossession hearing by the bank which was scary. This would eventually lead to eviction even though we were not behind with our payments. Richard's advice... read more

    Dave Wilcock Avatar Dave Wilcock
    April 24, 2025

    Excellent, friendly, professional advice given

    Stuart Kelf Avatar Stuart Kelf
    April 14, 2025

    I spoke with Richard today. He not only put me at ease with my situation, but provided me with the next steps for me to take to get a better... read more

    Jayne Forsyth Avatar Jayne Forsyth
    April 14, 2025
  • Excellent advice from David, very helpful, friendly and informative. Helped us with sound advice of how to deal with upcoming eviction or repossession orders. Feel a lot less burdened now. Keep up the... read more

    Sam Kamal Avatar Sam Kamal
    April 2, 2025

    In May 2024 Landmark had started repossession due to the mortgage term expiring. I was totally expecting my house to be repossessed but then I spoke to Richard and the... read more

    paula burns Avatar paula burns
    March 19, 2025

    2nd to none service from Richard and team. Swift response with excellent advice & support. Warmest regards. Lee D.

    Lee Duke Avatar Lee Duke
    February 26, 2025

    2nd to none service from Richard and team. Swift response with excellent advice & support. Warmest regards. Lee D.

    Lee Duke Avatar Lee Duke
    February 19, 2025
  • Homeowner Management Services care! I was facing eviction from my home and Richard gave me excellent advice. He provided a legal argument to my case and when the Judge... read more

    Rosemary Ebun Avatar Rosemary Ebun
    February 19, 2025

    It's been a one year and nine months since I deal with Richard and David they are amazing they keep looking after me what ever my situation but now it's... read more

    Maria Cardoso Avatar Maria Cardoso
    January 19, 2025

    the team at HMS what can i say a massive thank you to the team they not only helped me once but twice with repossession orders we owe them... read more

    dale williamson Avatar dale williamson
    January 19, 2025

    Just let Richard know,I press one star thinking u pressed all stars, unfortunately it went off and put one star up and did write in my review that it... read more

    Jane Hayward Avatar Jane Hayward
    November 19, 2024

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