If you are at risk of recovery, because you have mortgage arrears, you may feel as if there are no other alternatives. But if you know how to stop the recovery, you can begin to regain control of your financial circumstances.

It is important that, if you have not already done so, contact your mortgage lender as soon as you begin to struggle with your finances. Explain how your financial circumstances have changed and how you plan to stop the recovery of the debt by how you can pay your mortgage payments in the future and how you will pay the mortgage arrears.

If you think you can not make payments on your mortgage, then you may be tempted to return your keys to the lender. Always try and sell the house yourself, since mortgage lenders will charge you for the service and often get a lower sale price because the property will be empty.

 Advice on how to stop Repossession


Harrington Brooks has developed a guide that contains more information on how to deal with your arrears, click on the following link to access this information: arrears

You can also find a lot of information on how to stop recovery, which includes:

     >Problems with priority bills: advice on what to do if you are in the early stages of having problems paying your mortgage or other priority bills. It is essential that you seek advice as soon as possible so as not to risk losing your home.
    > Help with mortgage payments: Perhaps the reason you have fallen behind on your mortgage is because your personal circumstances have changed. You may be entitled to additional financial assistance.
    > How not to handle mortgage arrears - In addition to making sure you do everything right when handling your mortgage arrears, there are certain things you should not do if you are faced with this situation to avoid homelessness.