Repossession Court Letter

secrets76

The mortgage is £147k with £9k arrears ........ the house is on the market at £350k.

Depth_Charge

secrets76 wrote: »

Thank you for that - the house has been on the market and now we have a court date, if we drop the price I do not think it would stop going to court.

Has anyone any experience of going to a reposession hearing - what is likely to happen etc ..... ?

Hi

Have a careful look at the CAB info & guide below - you should find some answers and options perhaps depending on circumstances and where you live

http://mymoney.nedcab.org.uk/moneyadvice/mortgagearrears.asp

Shelter also has some top info

http://england.shelter.org.uk/get_advice/repossession

Then maybe come back with more info & questions

Also as you have already got a court date best to get immediate advice from a recognised agency

secrets76

All options to repay have been knocked back - they then gave her 3 months to sell provided she pay the full mortgage amount (even though they have seen income and expenditure forms to show she can't afford it).

Trying to apply for Mortgage Interest payment which will help if she gets that - ideally would want the court to see she's doing her best to sort something out and give her longer to sell as opposed to repossessing ? Not sure if this is realistic ?