Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    Repossession Advice
    • #1
    • 30th Aug 10, 7:06 PM
    Repossession Advice 30th Aug 10 at 7:06 PM

    We are way behind with our mortgage repayments due to losing my job, not entitled to any goverment scheme.
    The mortgage lender has given us until the end of the month to sell via ourselvels, otherwise they will begin repossession actions.
    My partner and I have other unsecured debt, are we best looking at handing the keys back and going for a IVA or bankrupt?
    If we let the lender repossess the house via the courts when do they stop adding fees and intrest to the account?
    When they reposses it or when it is sold on?

    Any advice is great

    Northern Monkey
Page 1
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

845Posts Today

5,981Users online

Martin's Twitter