Selling a property can sometimes appear to be the most straightforward way of dealing with mortgage arrears. If a homeowner or landlord has fallen behind with mortgage payments, selling the property may release enough money to repay the mortgage and bring the...
If you are behind with your mortgage payments, you may wonder whether remortgaging could provide a way out of the problem. Perhaps your current mortgage has become expensive, your circumstances have changed, or you believe that a different mortgage product could...
Falling into mortgage arrears can leave borrowers facing a difficult question: what happens if they cannot clear the arrears immediately and the lender does not accept the repayment arrangement they have proposed? For many homeowners and landlords, a payment...
Introduction Falling behind with mortgage payments can quickly create anxiety. Once arrears have started to build, many borrowers assume that the situation has already gone too far and that there is little they can do to recover. In reality, mortgage arrears can...
Introduction Few situations create more anxiety for homeowners and landlords than falling behind with mortgage payments. Once a payment has been missed, it is natural for borrowers to begin asking how much time they have before the lender takes more serious action....
Introduction Missing a mortgage payment can be stressful enough on its own, but for many borrowers, another concern quickly follows. Alongside worries about mortgage arrears and communication from the lender, people often begin wondering what the missed payment could...