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If you build up arrears on a mortgage or homeowner loan by not keeping up with your mortgage or homeowner loan repayments, your lender may be able to apply to the courts to obtain a suspended repossession order against your home.

A suspended repossession order is basically a final warning (a yellow card, if you like), and means that if you fall behind with your mortgage or homeowner loan payments again, your home will almost certainly be repossessed.

If you have been issued with a suspended repossession order, then now is the time to act in order to save your home from being repossessed.

With the help of one of the specialist homeowner loan advisers that we work with, you may be able to take out a new homeowner loan. By doing this you can pay off your existing arrears, and have the suspended repossession order cancelled. This gives you a fresh start and removes the impending risk of having your house repossessed.

For more information, fill in our homeowner loan enquiry form and we will put you in touch with a suspended repossessions homeowner loan specialist for a free no-obligation discussion in strictest confidence.