Stop Repossession Today

If you are looking to clear your arrears and stop repossession fast then Wise Loans can help.

> We can help you to take action now before your situation gets any worse.
> We can put you in contact with professional repossession help and advice.
> We can help you to find out if there are financing options available that could help you to stay in your home.

Please fill out the form below and we will do our best to help. Fields marked with a * are required.

First Name: *
Surname: *
Your Daytime Telephone Number: *
Your Evening Telephone Number: *
Date Of Birth: Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Month Jan Feb March April May June July Aug Sep Oct Nov Dec Year 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 *
Your Email: *
Approximate Value Of The Property: *
Mortgage Outstanding: *
Current Mortgage Arrears: *
Your Current Mortgage Lender: - Please Select - - Other - Abbey Accord Alliance & Leicester Allied Irish Amber Home Loans Bank of Ireland Bank of Scotland Barclays Barnsley BS Beacon Home Loans Birmingham Midshires Bradford & Bingley Bristol & West Britannia Capital Bank Mortgages Catholic Building Society Chelsea Chelt & Glos Clydesdale Bank Derbyshire Home Loans Direct Line Egg First Direct First National First Plus Future Mortgages GE GMAC Halifax HSBC I Group Intelligent Finance Kensington Lambeth Lloyds TSB Lloyds TSB Scotland Manchester BS Mercantile Money Partners Morgan Stanley Mortgages 4 Mortgages Direct Mortgages PLC Nat West Nationwide Newcastle BS Northern Bank Northern Rock Norwich Union Paragon Platform Portman Preferred Principality Prudential Royal Bank Scotland Rooftop Sainsbury's Scottish Widows Southern Pacific Scottish Widows SPML Standard Life Swift The Co-op TMB TML UCB Ulster Unity Virgin One Account Welcome West Bromwich Woolwich Yorkshire - Other - *
What Is Your Total Income: *
What Is Your Employment Status: - Please Select - Disabled Employed Full Time Employed Part Time House Husband Housewife Retired Self Employed Student Other *
House Name or Number: *
Postcode: *

Which Of The Following Apply To You - Please Tick:

I Have CCJ's or Defaults:
I Have Missed Mortgage Or Loan Payments In The Last 12 Months:
I Have Been Declared Bankrupt Or Have Had An IVA
I Have Been Threatened With Repossession In The Last 3 Months
Do You Have Any Secured Loans?
If so what is the outstanding balance:

Do You Have Any Questions?

 

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Stop House Repossession

Modern life can lead often to many of us being financially stretched at some point or another – Whether this is simply a seasonal problem for some borrowers, or directly due to a life changing event such as divorce, accident or sickness. More often than not this situation can be resolved by tightening purse strings, cutting back on luxury expenses or working a few extra hours where possible – However, on other occasions, a real financial issue cannot always be resolved by simply cutting back your expenses. If you fail to keep up the repayments on a mortgage or secured loan, you could be at risk from being repossessed – Many people’s worst nightmare, especially when there are children involved.

When it comes to saving your home from repossession, most people will be prepared to carry out whatever action is necessary. In many instances during the early stages of repossesion where a borrower has fallen into arrears on the mortgage or secured loan, an agreement can often be arranged with the lender in order to help an individual get back on their feet – In fact, a lender is obliged to treat their customers fairly and this will of course include those borrowers who have fallen into arrears. There are a number of options that a lender can make available to help the borrower out in this troubled time – There does however have to be an ability on behalf of the borrower to keep up with the repayments in the future, especially where a monthly repayment has increased to take into account the accumulated arrears.

Where a lender does not consider that this situation can be rectified, they may then decide to apply to the Courts for a reposession order. If this order is granted, the lender may then gain possession of your property in order to execute a speedy sale to recoup their money – including all interest, charges and costs.

In many cases this situation can be avoided along with many charges and legal costs. If a solution cannot be agreed with your existing lender, it might be the right time to consider the option of taking out a remortgage or secured loan. In the case of a remortgage, it may be possible to pay off all outstanding arrears and also the balance of the mortgage to start afresh. In either case, there needs to be sufficient equity within the property and clear evidence that the borrower can afford to meet the monthly repayments in the future – whether this is via payslips or a self certification of income declaration. Fill in the form above to see what options you have.