By Jonathan Gardner

What does forbearance mean on a mortgage? Homeowners occasionally face financial hurdles that can jeopardise their ability to keep up with mortgage payments. During such times, mortgage forbearance can be an important option, offering temporary relief for those in mortgage distress.  Mortgage forbearance is an agreement between you and your lender to temporarily reduce or […]

What does it mean when house prices go down if you’re facing repossession? Recent reports highlight that house prices in the UK have experienced a downturn over the last month. Various factors are influencing this trend, including a significant one, rising interest rates.  The impacts vary, with some areas seeing more significant price drops than

Are you speaking to your lender about your mortgage arrears? The ability to communicate and negotiate effectively with your lender can be an important step in avoiding the worst outcome. Regular open lines of communication can potentially lead to more manageable repayment terms, or even delay repossession, giving you time to improve your financial situation. 

If you’re facing repossession or eviction, there are housing alternatives for you! The threat of eviction or repossession due to mortgage arrears can be a harsh reality, as the experience of the aftermath sets in. However, there are both short term and long term solutions that can be found with a little help. If you’ve

Are you protecting yourself against a financial shock? Financial uncertainties can strike when we least expect them, leading to massive challenges like mortgage arrears and the threat of home repossession. One of the most effective shields against such financial shocks is a well-prepared emergency fund, but how do you build one? An emergency fund is

How to make sure you don’t get into financial trouble, ever again! In my opinion, the importance of financial literacy cannot be overstated. Yet, the question remains, is financial literacy for everyone? For me, the simple answer is a resounding yes, but the reasons behind this deserve a closer look. Financial literacy refers to the

Unlock hope by joining conversations on mortgage distress! If  you are facing mortgage distress and worried about losing your home, you’re not alone. Joining a community of homeowners who are sharing their stories, finding support and discovering solutions can be a great way to help deal with your situation. Search your favourite social media channels

What is the N244 form? Why might you need to use it? The N244 form is a document in the UK legal system used by individuals who wish to apply to the court for a decision on a specific matter within an ongoing or a potential case. For homeowners, particularly those facing court orders related

What happens to your home equity in the event of property repossession? As a homeowner with a mortgage, it’s more than likely that you have equity in your property that has built up over the years. But what happens to that equity if your home gets repossessed by your lender? Equity is the difference between

Strategies for homeowners facing repossession to sell their property quickly. The threat of repossession can be a frightening reality. However, there are effective strategies that can be used to sell your property quickly, enabling you to settle debts and avoid the long-term consequences of a repossession. Here are some key approaches that you may want