January 15, 2009
The government this morning announced a £200million mortgage rescue scheme that may help around 6,000 homeowners facing repossession. This new initiative is aimed at stopping thousands of vulnerable .
January 12, 2009
In today's faltering economy, homeowners are facing foreclosure in increasing numbers. With mounting debt, rising unemployment rates, and lack of accessibility to credit, many families are falling ..
December 14, 2008
The process of not losing your home because of debt, really should begin when the homeowner first purchases a home. Considering how much money is coming into the household against what will be ..
November 05, 2008
Possibly one of the worst things a homeowner can go through is having their principal residence repossessed by the holder of the mortgage for failure to maintain adequate monthly payments. When a ..
September 23, 2008
When the housing market is in a down time, interest rates may rise, leaving homeowners who have adjustable rate mortgages with higher payments than they can afford. Under these circumstances, it's ..
September 14, 2008
Before you buy Confiscated vehicles you should decide whether it's for resale or personal use as this will affect to some extent the price you pay. It's a known fact that people who buy for resale ..
September 08, 2008
Repossession in the UK has reached unprecedented highs, with a shape increase as much as a 65% increase of home owners could be in danger of being repossessed. If you fall into this category and ..
September 08, 2008
Mortgage repossession can be stressful event the possibility of being moved from your house and dealing with the financial problems that have led up to it can be an emotional turbulent time. However .
September 08, 2008
If your in mortgage arrears and are facing repossession then you may be inclined to go to an estate agent in order to sell you property fast and settle your outstanding debts. This of course is a ..
September 07, 2008
The affidavit of repossession is the formal document in which the written declaration of repossessing a car is actually made under oath or sworn before somebody legally empowered to administer oath. .
September 03, 2008
The property market in the UK has already started to see drops in house prices, 1000's of people are being affected and 1000's more are in the risk zone. In recognition of this unravelling disaster ..
September 01, 2008
To top off the Government's day of “interesting" policy announcements, the Secretary of State for Communities and Local Government has announced that £300 million of tax payer's money will be ..
August 20, 2008
Recent figures show that over 28 thousand mortgage repossession orders were made throughout England and Wales during the second quarter of this year, a 24% increase on the same period a year ago. ..
August 10, 2008
"A Power of Sale’ is the right of a mortgagee to force the sale of the property without judicial proceeding should a default occur and it can be a great cost saving exercise. But when you do ..
July 30, 2008
Did you know that you can request an emergency hearing at your local County Court at any time after you have been served with a Possession Order or Bailiffs Warrant or with a CCJ. Using the court ..
July 27, 2008
To secure the loan, these financial lending institutions must be certain that they will get back their money back. Since a good paying job does not guarantee that a loan of this magnitude will be ..
July 10, 2008
How To Make A Repossession Stop There is really only one way to actually make a repossession stop, and that is to contact your creditors before the repossession process begins. In some areas and ..
June 26, 2008
With more consumers taking on more debt than ever, many are turning to homeowner loans in order to consolidate debt, renovate or expand homes, and make other major purchases. Others are simply taking .
June 18, 2008
1. Arrears - If miss a payment, it is essential that you contact your lender and inform them immediately. Lenders are usually more open and willing to accept a payment plan. However, if you have ..
February 17, 2008
Over the past couple of years the risk of repossession has become a very real one for many homeowners and the UK, and this has been partly fueled by the series of interest rate hikes applied to the ..
December 18, 2007
If you have always used an estate agent to sell your home you may not be aware that it is not a legal requirement to sell your property in this way and that there is an alternative. House sale ..
December 18, 2007
Recently the Citizens Advice accused many lenders of giving mortgages knowing that the borrower could not possibly afford them and reported approximately sixty thousand householders seeking advice on .
December 17, 2007
Fixed rate mortgages are a great way to fix your mortgage payments, removing the worry of potentially increasing interest rates. The problem occurs when the fixed rate period at the start of a ..
June 04, 2007
Selling a house is a very complex procedure that takes lots of preparation, research, patience in order to do it the right way. The first thing every home owner who wants to sell a house is to see it .
April 03, 2007
Mortgage arrears are payments that are not made on time or late mortgage payments. Mortgage arrears are something a homeowner should try to avoid. Falling behind on a mortgage can be a very ..