Make sure you are prepared! Call the Helpline on 0800 077 6034 now. Do not assume your circumstances are too bad to merit help, or that you have left the problem too late.
How quickly can repossession be stopped?
Funding may be available within 24hrs
I've been given a court date - what does this mean?
When you have to go to court it is to find out whether or not the lender can get permission from the courts to apply for a repossession order. It is unlikely that the courts will grant this on the first occasion and they will probably grant a suspended repossession order.
What is a suspended repossession order?
This means that you must abide by the courts ruling that you have agreed a payment schedule with the lender to reduce the arrears balance, if you do not, then the lender can apply for a repossession order with the courts probably taking the side of the lender.
How long does it take to stop the repossession?
This depends on the individual circumstances of the applicant but can usually be done in 2-3 days. Although when an eviction order is granted you do have six weeks to make arrangements, remember the more notice we get the more likely it is that we can help.
How does this scheme work?
Quite simply we remortgage you from your existing lender and give you a fresh start. In most circumstances you will be able to raise additional funds within the hour for any purpose. Or in the worst case scenario we will purchase your property and you can rent it back from us.
How much can you raise?
Again dependant on your circumstances we can raise up to 85% of the value of the property.
I don't have any proof of income!
Not usually a problem as we have self certification schemes for the employed and self employed. |
