Mortgage Arrears | How Many Months Before a Repossession? If you are in mortgage arrears and facing a potential repossession it is a serious situation to be in. But repossession isn’t something that happens overnight. The repossession process can take many months and during that period you’ll have time to do something positive about it.
Debt Problems | Stop Repossession | Sharpes Property Auctioneers According to the Independent newspaper in January 2018, the FCA (Financial Conduct Authority) renewed an appeal for people with interest only mortgages to urgently contact their lenders. Their concern lies in the significant number of such homeowners who lack any means to repay, resulting in them