Archive for the 'repossession' Category

my landlord has a repossession order on his flat and we are sitting tenants what can we do?

we have paid the rent regular each month and now the landlord has had a court letter saying the mortgage agency are repossessing the flat next month and he has to move out. We are the tenants not him and we cant afford to move this quickly and have a small child. what can we [...]

with all these repossessions that are apparently happening, where are all these people living? re-homed?

Are they being rehomed by the local authorties or family. As alot of people are in the same situation wondering how they will cope if it does get worse, or if they lose their jobs I am sure they are wondering the same. I mean at the moment the council can not home [...]

Repossession?

My mortgage lender recently got a warrant from the court to repossess my flat. I paid the arrears almost £4000. My mortgage repayment is due again on the1st of September. If I default would they come after me again or would they have to reapply to the court for another repossession bearing in mind that [...]

how do people get on council housing lists in other parts of the country where they have no relatives ?

I am hopping mad, I know of someone who went through thousands of pounds, credit cards, stealing, and then left his partner to face repossession and skipped away to another part of the country and got himself a council flat, but he has no relatives there, and now has declared himself bankrupt, even though he [...]

Tips for Stopping Repossession

If you are trying to stop repossession of your property, there are several things you can do to help the process.First and foremost, you should take good care of the property. One of the worst things you can do if you are trying to stop repossession is to destroy the interior of the house.Many people [...]

Single man and council housing - just 1 year wait?

My boyfriend’s best friend (single man, no dependents) signed on the Council Housing list for accommodation, and after just 1 year was given a really really nice Housing Association flat!
He lives in Kent. He’s not disabled or anything. Neither is he an asylum seeker or an ethnic minority before anyone suggests that!
I’m happy [...]

Stop Repossession - Guidance to Help Avoid Repossession of your House

Under the terms and conditions of all bank mortgage contracts it states that a home may be repossessed if repayments are not kept up-to-date. This means that the lender has the right to issue repossession proceedings if mortgage payments are not made as required. Lenders take different actions at different stages, because of this the [...]

How to Buy a Repossessed Property for Below Market Value

Getting started in property investment is no easy feat. Hunting for houses and properties can be time consuming, most especially a first-time property investor. With the stabilising property prices and fidgety interest rates, many would-be buyers are waiting to see what will happen next. Some people say that a good investment is not simple to [...]

my landlord has had many letters to him from the mortgage agency to pay it. he has’nt and we are tenants ?

he now has a repossession order for himself on th flat and we cant afford to move on the date they have told him to move out we have a small child. We have been tenants for two years and always pay on time.Rent Back Fast

Corporate seller of a flat - what are my options?

I’m looking to buy a flat in the UK and it is one that has been repossessed previously. I have been asking the estate agents for two weeks two questions and they have tried but so far been unable to answer the questions for me due to the corporate seller (bank or repossession company?) [...]