Mortgage arrears

Talk to your lender as soon as it looks like you're going to have problems paying your mortgage. The quicker you do it, the better your chances of keeping your home.

If you have had a letter from your mortgage lender threatening court action for repossession, or a letter from the court giving you a hearing date, find out how to get legal advice now and find out what you can do about repossession.

Tackling mortgage arrears

Knowing how to manage mortgage arrears can help you keep your home. Find out what you can do if you are struggling to keep up with your mortgage payments

Negotiating with lenders

Find out how to successfully negotiate with your lender to find a solution to mortgage arrears problems. Mortgage arrears and payment problems can be managed.

Help for struggling homeowners

If you're facing repossession or struggling with mortgage payments there are Government schemes to help struggling homeowners avoid repossession.

Secured loans and second mortgages

Are you struggling to pay a second mortgage or secured loan taken out against the value of your home? Find out what happens if you are behind with your payments

Handing back the keys

You still have to pay your mortgage if you give your home back to your mortgage lender. Voluntary repossession is rarely advisable.

Private sale and rent back

Sale and rent back schemes have been discredited by the Financial Services Authority.

Selling your home voluntarily

Selling your home because of mortgage arrears is a last resort solution. But don't rush into it – you may be able to negotiate with your lender first.

Renting out a room in your home

Renting out a room in your home may affect your tax and benefits. You may also need permission from your lender.

Support for mortgage interest payments (SMI)

Support for mortgage interest (SMI) payments help with mortgage interest for people on certain benefits. Find out more about support for mortgage interest (SMI).

Making changes to interest-only mortgages

If you have an endowment or ISA mortgage, you may be able to reduce your payments, sell your investment or switch to a more flexible mortgage.

Making changes to repayment mortgages

Talk to your mortgage lender about your options if you are having problems keeping up with your repayment mortgage.

Renting out your home

Renting out your home can help you manage mortgage arrears or debt. Find out how this can affect your tax and benefits.