What happens if you’re in arrears on secured loans and second mortgages

Your lender has to give you a chance to pay missed payments on your secured loan or second mortgage before they can repossess your home.

Getting more time to pay arrears on secured loans or second mortgages

If you miss secured loans or second mortgage payments

What is a default notice

What is the Consumer Credit Act

Last updated: 18 February 2022

Housing laws differ between Scotland and England.

This content applies to Scotland only.

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