After Repossession...
Below are our articles on the subject of After Repossession. If you can't see what you are looking for our other categories are displayed on the left under 'Our Quick Links'...
Can Anything be Done Once your Home has been Repossessed?
Even once a property has physically been repossessed by the court bailiff it is sometimes still possible to negotiate with the lender. Whilst the...
Finding Somewhere to Live
Tenants facing eviction will usually have very little time to find alternative accommodation once a possession order has been made. Unless there are exceptional...
Liability for Mortgage Shortfalls
When a lender repossesses a borrower’s home they have a legal duty to sell it for the best price they can get. However, a property which has been repossessed will...
Repossession and Squatters
The formal legal definition for a squatter is a trespasser. A trespasser is defined as someone who enters or remains on land – and, therefore, a property – without...
What Happens When Lenders Sell Repossessed Properties?
There is a common misconception that mortgage lenders auction off repossessed properties at rock-bottom prices. In reality, mortgage lenders have...
