How to stop repossession for mortgage arrears

Your lender could try to repossess your home if you do not keep up with payments on your mortgage or secured loan.

This means they can sell your home to get back the money you owe them.

You can negotiate with your lender at any point to prevent repossession and keep your home. A debt adviser can help you to negotiate and propose a repayment plan.

Repossession should be a last resort, and there’s a strict legal process your lender must follow. They must:

• send you letters with information about your debt and how to get support

• give you a chance to make repayments towards your debt

• apply to court for a repossession order