Financial Planner
At Future Finances, we can help you stop home repossession in London with our effective financial solutions. Our young enthusiastic team will exhaust all measures and think outside the box to find a solution beyond the standard route. Our clients have full access to all options presented. The process will be fully transparent, with no hidden fees. Our team can handle all enquiries in a proactive and effective manner.
Home Repossession Process
The home repossession process is very stressful for both you and your lender. The process involves the following steps:
Your lender will contact you and will ask you to take steps to deal with the situation. It is really important that you reply to your lender because he can give you clear notice that will start court proceedings next. At this stage, it is possible to negotiate with him to change the mortgage plan or to give you time to sell your house quickly so you can pay the mortgage arrears. The next stage is when the court gets involved after the lender applied for a repossession order. Furthermore, you will receive a defence form that you are expected to complete and send it to the court. After the repossession order, the lender will aim to sell the property.