Repossession …and how to avoid it.
It is now likely that the usual rules for possession will be relaxed following a recent directive from the Government but be warned…this does not mean you can now take a ” mortgage holiday”.
It simply means that the Courts are far more likely to be sympathetic to people genuinely trying to pay off arrears.
Generally speaking a lender is entitled to issue possession proceedings if you are two or more months in arrers with your mortgage payments.
This means they can apply to the County Court to take legal ownership of your property . Even worse,they can then apply to evict you if you fail to leave the property voluntarily.
You should ensure that you make every effort to pay what you can realistically afford rather than pay nothing at all because you are a few pounds , or possibly more, short. This will gain you far more credibility with the Court and increase your chances of a successful result dramatically.
If you do find yourself facing difficulties paying your mortgage ,you should certainly ensure that you take advice sooner rather than later. We are happy to advise on such cases having many years experience in successfully dealing with claims .You simply need to telephone, or e.mail if you prefer for an appointment to suit.
