Explain your situation to your lender

Do not delay having a word with your lender. Who knows he might just agree to extend your mortgage term?

Seek help from the experts

Speak to someone who knows the housing laws. An advisor can take you through your options and will prepare you for the next step.

Do not ignore important calls or letters

Read all the letters your lender sends you, and keep a record of each letter and phone call. You can use it later.

Paying off the loan should be your priority

Cut down on your expenses every month. Even the smallest savings will make a difference.

Get options for help with loan payments

If you are struggling to pay your mortgage, the government can help you out. You can claim for certain benefits.

Know your rights and benefits

Be aware about all your benefits and rights that could help you keep your home.

Never opt for payday loans

Pay-day loans come with extremely high interest rates. This could make things worse.

Don’t walk away by handing the keys back

You are responsible for paying the mortgage. Face the situation and try to arrange for your instalments rather than finding a new home.

Never miss out on your court hearings

Make sure you attend the repossession hearings so that you can put your point across. There is still a chance that the judge allows you to keep your home.

Regents Place 338 Euston Road London NW1 3BT

Give Us a Call On Freephone 0800 876 6335

Visit Us At : http://www.stoppingrepossession.com

Follow Us:

Resource: http://england.shelter.org.uk/get_advice/repossession/ways_to_prevent_repossession/top_tips_avoid_repossession