Repossession is the legal term used to describe the removal of property from those who cannot afford to repay borrowed money. You may find your home under threat of repossession if you’re in mortgage arrears and cannot afford to pay your monthly repayments. Whilst the repossession process is used as a last resort, it is important to take the paperwork seriously and act as soon as possible in order to avoid repossession.
If you have received a possession order for your home, this means that your mortgage lender has approached the courts and has begun the repossession process. It is important to act fast.
We understand that the threat of repossession can be overwhelming. If you have been threatened with repossession or have received some court paperwork, get in touch today. Our experienced team will help guide you through your options and offer expert advice to help stop repossession.
For advice, information or help stopping repossession, call us immediately on 0800 298 0571.