Is there any way to protect myself from repossession if I’m behind on my mortgage?
If you’re behind on your mortgage, you may qualify for the Breathing Space scheme. This could give you up to 60 days’ respite from interest, fees, and court action. If you qualify, your lender cannot evict you for mortgage arrears during your Breathing Space.
Breathing Space is there to reduce stress while you deal with your debts, so it’s important that you seek debt advice during this time.
Once your Breathing Space is over, your lender will have the power to start the repossession process again.
Worried about your home being repossessed?
If you’re at risk of your home being repossessed, it’s important to get expert advice as early as possible. We can help you with debt problems, but we strongly recommend you contact Shelter, or Housing Rights if you live in Northern Ireland. They offer practical support for anyone struggling with housing difficulties.