If you're worried that you can't meet your mortgage or home loan repayments, you're in arrears or concerned that you might fall behind with your repayments, please contact your lender as soon as possible. Your lender should treat you fairly, and advise you what they can do to help you keep your home, with repossession as a last resort. They may be able to -
- reduce your payments for a set period
- charge you interest only for a while, if you've got a repayment mortgage
- give you a 'payment holiday'
- extend your mortgage term to reduce your payments
For more help and advice on mortgage difficulties you can download the below leaflet
If you think you'll have to leave your home, and are at risk of becoming homeless, you should contact us for help. You can read more about our homelessness and housing advice service.
Support for mortgage interest
If you receive certain income related benefits, you may be able to get help towards interest payments on your mortgage or home loan. This is called Support for Mortgage Interest (SMI). More information and how to claim can be found below
The GovUK website has information that you can download if you are worried about repossession. A local organisation such as the Hull and East Riding Citizens Advice can also help.
If you want to get in touch with us you can contact our homelessness and housing advice service by-
Call 01482 300 300
9am to 4.30pm Monday
9am to 4.30pm Tuesday
10.30am to 4.30pm Wednesday
9am to 4.30pm Thursday
9am to 4.30pm Friday
Or call in person at The Wilson Centre