Repossession Process

My lender is trying to evict me, what do I do?

If you are having problems paying your mortgage, most lenders will only repossess your home as a last resort. They usually prefer to sort out your payment problems in other ways. Your options will probably depend on: what type of mortgage you have; how far behind you are with payments; the reasons for your arrears (such as losing a job). If your lender or its solicitor contacts you about your arrears, don't ignore their letters or phone calls. If you don't respond, your lender is much more likely to take you to court. At Quick Property Sale we could help you keep your home just click here

For example, we could pay off any outstanding arrears on your mortgage, buy your home and keep you there as a tenant for a rent free period while giving you cash to do what you wish.

Letters from your lender

In most cases the first thing you will receive is a letter reminding you that you have missed one or two payments. It will normally ask you to: confirm how you intend to catch up on the missed payments, or contact your lender to discuss your financial situation.  If your lender isn't satisfied with your proposals, or your arrears increase, they will probably write to you again. The second letter usually says that solicitors will get involved if you don't clear your arrears or contact your lender to discuss the situation within seven days. It is usually better to negotiate with your lender before solicitors are involved, as they may be unhelpful.  At Quick Property Sale we can help.  For example, we could negotiate with your lender on your behalf and pay all your legals fees.  Call us on 0800 1077939 or click here

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"I sold and rented back my property through Quick Property Sale Ltd which was done in days. I am now in a much better financial situation. Thank you all at Quick Property Sale Ltd".

Malcolm Warne