How to sort out your mortgage problems
If you're having problems paying your mortgage, you must take action quickly to stop yourself from falling into debt.
If you get into debt and your lender thinks youre not dealing with the problem, they will take action through the courts. This could lead to you losing your home.
On the following pages you can find out about some of the options you may have for sorting out your mortgage problems and how to deal with your lender.
This content applies to…
Cutting down your mortgage costs
Information for homeowners on how to reduce the costs of a mortgage to stop them from falling behind with mortgage payments.
How to deal with mortgage debts
Information for homeowners with mortgage debt on the ways that they can pay back the money they owe on any mortgage arrears.
Mortgage rescue schemes
Information on schemes which help homeowners who are struggling to pay their mortgage, including government-run schemes and those run by social landlords, and where to find financial advice.
Sale and rent back schemes
Information on sale and rent back schemes run by private firms which help homeowners who are struggling to pay their mortgage.
Problems with selling your home - delayed completion and lease options contracts
Information about 'exchange with delayed completion' and 'lease options' contracts, covering what they are, the risks involved and other options that may be available to people trying to sell their home.
Help with mortgage costs if you're out of work
Help with mortgage costs if you're out of work including which benefits you must be getting to get help with your mortgage costs, how much of your mortgage costs can be paid and whether you can get your mortgage costs paid straight away.
Selling your property to clear mortgage debts
Information about selling your property to clear your mortgage debt including handing back the keys and making up a shortfall following the sale.
Dealing with your mortgage lender
Information on contacting your lender about clearing your mortgage debt or changing your payments including who to contact, what to say to them and what to do if your mortgage lender doesn't want to help.
