Avoid house repossession in Manchester and Liverpool

Avoid house repossession in Manchester and Liverpool by letting Rightstay Properties stop your house repossession.  What are your options? If you simply ignore your arrears you will not be able to avoid the distress of losing your home.  If your lender then sells your property for less than the total amount you owe (on the mortgage and charges) you will be pursued for the shortfall. You could end up paying your lender back for years.

Debt and life changes

Debt and life changes are the most common causes of arrears. It’s not just losing your job that leads to arrears. A reduction in working hours can be enough to tip you over the edge. And if you can’t find additional income you may feel you’re treading water. To avoid house repossession you have to assess your options – and the earlier the better. At Rightstay Properties we do get calls from people due to be evicted within 72 hours. In these circumstances it can be hard to help. It’s also worth remembering, the longer you are in arrears, or the subject of legal action, the more charges will be building up, increasing the amount you owe your lenders.

You have a number of options

In the current climate lenders are more sympathetic and most are giving homeowners six months to sort out their affairs.  But the length of time you have will vary by lender and your payment history. You have a number of options to avoid house repossession. Early on you should certainly get advice from an independent body such as Citizens Advice or Shelter. You may qualify for the Government’s Mortgage Rescue Scheme, but the conditions you have to meet are quite specific. But if you don’t ask, you won’t know. You can also ask your council if they know of any local schemes.

How to avoid house repossession in the North West

But what happens when you aren’t able to improve your situation? Rightstay Properties has years of experience of helping people avoid house repossession in the North West of England. You’ve got nothing to lose by contacting Rightstay today. Even if you have a court day, we should be able to stop your repossession. Rightstay can also help if your house is for sale with an estate agent. Rightstay stops the repossession process giving you the time to sell to us to clear your mortgage loan and other financial commitments.  The big bonus is if you have sufficient equity, surplus funds will be returned to you on completion day. This service is at no cost to you – Rightstay pays the valuation and legal fees. You can chose whether to move out or stay in your home to rentback. 

Find out how Rightstay can help today

Rightstay treats all enquiries equally. Although we are not able to help people in negative equity, we prefer, where possible, to make sure you get cash out of the sale. As with all our clients you will get a copy of the valuation report for your property. This means  you can be sure you’re getting the best possible price. Just because you’re running out of time, doesn’t mean you won’t get a fair trade price for your property.

To find out more about how Rightstay may be able to help you avoid house repossession please complete the form or call 0800 011 2518