We specialise in preventing repossession
Our aim is to ensure that the best outcome is received for all parties involved.
We will act in accordance with the information you provide, in order to determine the best solution to the problem.
In many cases we can speak directly with your lender (you will need to give us the right to do this) to establish exactly what the position is, and how we can move forward.
We can help you look at your finances, so that you can decide whether the best course of action is to get yourself back on track or call it a day and move on.
Where appropriate, we can delay court proceedings, giving you the time you need to resolve the situation by selling your property for a fair price. This means that it will not be necessary for you to accept low cash offers in order to ‘keep the wolves from the door’.
Understanding Your Position
We'll ask you about your mortgage, how your current difficulties arose, and what stage repossession proceedings have reached. Many of our clients prefer not to think about this daunting prospect and are unaware of how long they have left to stay in the home. If you situation is anything like this, we can speak directly with your lender on your behalf to delay and even prevent them from taking action.
We'll take a financial statement from you, detailing your income and outgoings to see if you can realistic afford your mortgage.
Many of our clients already know they can't afford their mortgage and are seeking to avoid repossession to gain time to sell or refinance. In this situation we can with you to find the most suitable outcome for you. We have helped countless individuals transform similar situations, where they were at risk of losing everything and damaging their credit rating.
We’re On Your Side!
Did you know that by law, you should given the opportunity to repay your arrears over the remaining period of your mortgage. You do not have to match the demands made by your mortgage provider. The judge will decide on a payment schedule that you can afford and that is also fair to your lender.
Stage 1 - Challenging the Repossession Order.
If you have a date for a repossession hearing, then we need to put in place a proposal detailing how you intend making regular mortgage payments and contributions towards arrears. We will represent you in court to achieve this.
Stage 2 - Stopping the repossession.
If your lender has been granted a repossession order, then we'll arrange for an emergency hearing at your local county court to get it stopped. This can be done even if you are due to be evicted the next day.