If you have you been threatened with repossession – DON’T PANIC!
However, act NOW and the order could be stopped! Even if proceedings for repossession have already began to take place, repossession orders take time before they can be enforced.
With the current Money Markets and impending recession it’s no wonder people are struggling to maintain their mortgage repayments. Debt Help and Advice Limited have a range of products that can help reduce your monthly payments from fixed rate loans and remortgages to debt payment plans and consolidation.
To stop the repossession we apply for the order to be adjourned.
This may allow you enough time to pay off arrears owed, there are several routes to raise enough funds to get you back on track and stop you losing your home.
If you are struggling to maintain your repayments due to the increase in rates we can provide fixed rate mortgages which will mean you have a fixed, stable monthly payment that will not change for a specific time period making it easy for you to maintain. However, if your arrears are historic and your circumstances have changed and your income is now higher, there are authorised and regulated lenders that will help you raise funds to clear your arrears by way of a loan or remortgage.
Consolidation by way of a loan or remortgage. YES, there are authorised and regulated lenders out there that are both trustworthy and willing to help people repair their credit. A consolidation loan enables you to take all your high interest loans and credit cards, put them all together and reduce your monthly outgoings. This may be the right solution for you and will free up some money to enable you to make your mortgage payments. What’s more is you may actually also save you money on the interest you are paying on multiple loans and credit cards
Debt Advice and plans are available to people who have unsecured credit that they simply cannot afford, and can reduce your monthly outgoings with one fixed stable monthly payment via either an IVA or Debt Management Plan.