FACING A REPOSSESSION?
Unfortunately, facing a repossession doesn't simply mean losing your home. This is the main focus of attention when going through this process due to the financial implications but all too often very little focus is given to the longer term implications:
- your name will be added to the Possessions Register
- major credit agencies will be notified
- your credit rating will be adversely affected
- mortgage lenders don't often want to lend to someone that has been repossessed
- you'll have to find alternative accommodation immediately
Whether you have been issued with a Summons for possession or you have an upcoming hearing or even had a Bailiffs warrant issued, the repossession can still be stopped.
Get in touch with us immediately and we take action straight away to help you obtain a stay of repossession from the court. You can then complete within 28 days and still remain in your property using our Rent-back option.
Even if you don't have any equity in your property, there is still a solutions for you. Take a look at our Lease Option sections to see if we can still solve your problem.
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