Stop repossession

Repossession information and How to stop your repossession

What is a home repossession?

When you take out a mortgage with any lender they will protect their interests by registering what is known as a legal charge against the property at Land Registry. The legal charge is a document which states that if you do not keep up with your payments on the loan, the lender can repossess your home and sell it to pay back the loan.

Usually a lender will start repossession proceedings once you have missed two mortgage payments and will instruct solicitors to apply to the courts for a repossession order to repossess the property. You could be evicted. The lender will also look to recover their monies quickly and will often sell your home at a reduced price. This is often done through auctions.

How to avoid repossession

We can help you avoid repossession in a number of ways. If you want to sell your home quickly and take your equity out of your home then we can buy your home for cash and can often make a same day offer. We are able to complete within 2 to 4 weeks. You benefit by avoiding eviction, estate agents fees and delays and loosing money from a forced house sale by your lender.

Complete our registration form for a free valuation on your home now or Call us on Freephone 0800 169 4077.

We buy homes in  Newport Blackwood Cwmbran Pontypool Cardiff Caerphilly Pontypridd Bridgend Barry Merthyr Port Talbot Swansea Llanelli Haverford West Pontyclun Mountain Ash Bargoed Panteg Abertillery Tredegar Aberdare Maesteg as well as other areas throughout South and Mid Wales.