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Repossession

I have been unable to make my mortgage payments, and have received a letter from Halifax Building Society threatening to take legal action if I don't pay an immediate sum of 5000 -- far more than I can afford.

My monthly payment (I am about 9 months in arrears) is 650 pounds, and I have offered to make such payments, but Halifax refuse to accept any payments at all short of £5000.

I have been in difficult circumstances, having lost a job, and having had to undergo surgery. I have been trying to sell the flat but have experienced difficulties.

Rather than sell it, I would rather move and rent my flat.

Would renting the flat help to save it from repossession? Also, if there is a court hearing (as seems inevitable), might Halifax try and demand higher payments on the basis that it is rented property?

Any help and advice would be welcome in this difficult and distressing situation.

Patricia Smith

Reply to
cortinaflame
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I'm sorry to hear this, but I think that you should try reducing the price. It will still be more than the Halifax will sell it for as a repo.

No

It is quite likely that if it comes to court and you continue to offer to repay the arrears in reasonable instalments (and stick to that) it will not be reposessed. No guarantees though.

tim

Reply to
tim (back at home)

For an excellent source of help, see:

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Start by reading the Dos and Don'ts section.

Good Luck.

Reply to
Robin T Cox

Hi,

In this like any other UK mortage issue I would use

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site and type reposession on search box on top right hand corner. This brought various options to choose from like;

Facing Home Repossession? Stop Repossessions Now 90% reversed, free advice. Eviction or Repossession? Repossessions/Evictions stopped no problem! Repossession Fears? Did you know that repossessions can often be stopped or reversed? Have You Been Repossessed Or Had A Repossession Letter, Stop Repossessions in 5 Days. Threat of Repossession? House Repossessions Stopped, We Can Help! Reposession Just received your eviction order We can stop your repossession! Home Being Repossessed? We can help. Fast Track Remortgages Evictions stopped.

if these are not exactly what you are look> I have been unable to make my mortgage payments, and have received a

Reply to
pappa1928

Seconded, also post on -

Daytona

Reply to
Daytona

More spam from Schlund/Sedo

snipped-for-privacy@schlund.de

Reply to
Daytona

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Reply to
Tranny

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