Chwefror 12 af 2012
If you're having problems paying your mortgage, you must take action quickly to avoid falling into debt.
On these pages you can find out how to avoid falling behind with your mortgage payments, how to clear your debt if you do fall behind, what happens if you're taken to court because of mortgage debts and how to avoid losing your home.
How to stay in control of your payments and not run into trouble, including: how to plan your budget so you can manage your mortgage, how to deal with increases in your mortgage payments or a drop in your income, how to get the best mortgage deal available and what to do if you start getting into difficulties.
How to sort our your mortgage problems, by working out why you have the problems and what you can do about it.
How to work out what you can do to pay off your arrears if you have fallen behind with your mortgage payments including different options for handling the arrears.
How to work out how to reduce your monthly costs and sort this out with your lender including switching to a cheaper mortgage deal, reducing your monthly payments, changing payments on an endowment policy or reducing your share of a shared ownership property.
How to negotiate with your mortgage lender and what it has to do for you. This information also includes a number of tactics on how to negotiate and what to do if the lender doesn't accept an offer of repayment.
Important factors to consider if you are thinking about selling the home or handing back the keys and what happens if you don't get enough from the sale of the property to cover what you owe on the mortgage.
Find out about help you may be able to get towards your mortgage costs if you're out of work.
What action the lender may be taking, what you can do about it and what happens if you are evicted. This also covers what you can do to suspend the lender's action, what help you can get from the local authority and also how you can prepare if you are evicted.
Find out about the different schemes which offer to buy your property and rent it back to you as a tenant, including private schemes and schemes run by social landlords. Information covered includes who is eligible for the schemes and what the advantages and disadvantages are of joining a scheme.
Find out about schemes run by private companies and individuals which offer to buy your property and rent it back to you as a tenant. These are also known as buy back and sale and rent back schemes.
Your most frequent questions answered.
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