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Home Repossession Advice: It's Your Home, Let's Keep It That Way

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The Government has launched a national campaign to help struggling homeowners take control of their finances and make the most of available support to avoid repossessions and stay in their homes.  

The advertising campaign will focus on publicising the new  and the National Debtline (tel: 0808 808 4000), where concerned homeowners can obtain impartial advice and information on how to develop a personal action plan to resolve mortgage repayment problems.

People concerned about meeting their mortgage payments, those already in arrears or threatened with repossession action from their lender, and homeowners facing a court hearing will be given guidance on the steps they can take to keep their homes.

Minister John Healey said:

"When homeowners are under pressure and feel their finances are spiralling out of control, the worst thing they can do is bury their heads in the sand. 

"In most cases where people seek help they are able to keep their homes, so we have made sure a range of support is available to them - whether free debt advice or help with interest payments, a request for lenders to show greater tolerance and understanding to those in arrears, on-the-day legal advice for those facing court hearings or, for the most vulnerable households, the Mortgage Rescue Scheme.

"The action we've taken means we've seen recent drops in the numbers of repossessions, but there's no room for complacency.  The message of today's campaign is clear: it's your home - let's keep it that way."

Struggling with mortgage payments?

There are several Government schemes to help homeowners - including and  (please note, this scheme closed to new applicants on 21 April 2011) for those who are unemployed or suffer a temporary loss of income.  Over 200,000 families are now getting help with their mortgage interest payments through these schemes.

And for the most vulnerable households facing the immediate threat of repossession, there is the safety net of the Mortgage Rescue Scheme.

Moreover, the Government has introduced the Mortgage Arrears Pre-Action Protocol (PAP), which sets out the steps lenders must take before taking borrowers to court.

Additional Information & Advice

You can obtain additional information about .

Depending on your circumstances, however, you may want to speak with a .  You can be , which can also help you to understand the best course of action and whether you are ready to hire a solicitor.

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