Stop repossession

No-one wants to have their home repossessed, so we have solutions that might help.

One possibility would be to sell your house to repay your mortgage and debts, and rent somewhere to make a fresh start.

In certain circumstances this solution can be a life-saver - as the effects of being evicted from your home because of repossession can adversely affect your financial position for 12 years⁽¹⁾, and your mental wellbeing for a lifetime⁽²⁾.

There are also some hidden benefits to renting.  For instance, you would no longer be responsible for structural maintenance of the property, nor for paying for buildings insurance, nor for maintaining the gas boiler.

Contact us now to learn how we could help you.

(1) a lender may pursue a debtor for shortfalls for up to 12 years, adding costs and interest
(2) report by Joseph Rowntree Foundation - August 1999

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