We can stop your house from being repossessed by negotiating with your bank or building society.
“The coronavirus (Covid-19) pandemic has had profound effects on the UK economy, which, in turn, have had unprecedented impacts on household finances.
The coronavirus mortgage support measures are temporary. Given the current economic challenges, increase in the number of people claiming unemployment-related benefits, and predictions of further rises in unemployment, it is possible that further interventions may be required if an increase in repossessions is to be avoided.” Source: Commons Library Parliament UK
If a homeowner fails to keep up with their mortgage payments, the mortgage lender may seek possession of the property through the courts in order to sell it and repay the loan and mortgage arrears.
It is a stressful process to go through, if you are having problems with payment, and worried that it will ruin your credit score worst a repossession record. We can guide you, give a complete understanding of how it works and eventually stop the repossession from happening.
If you are in a repossession process now or looking for ways to stop a repossession, know that we can help you. Get in touch and we will schedule a call.
#repossession #homeowner #sellmyhousequicklysheffield #SMHQSheffield