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• After your possession hearing

  will: make an outright possession order - this gives your lender permission to repossess your property make a suspended possession order - you’ll be able to stay in your home as long as you keep

• Credit rating - impact of debt relief order

  repossessed people you're financially linked to. More about your credit reference file and credit rating Will a DRO show up on your credit file? Your DRO will show up on your credit reference file. It can

• Help dealing with mortgage debts

  repayments. If you can’t, your lender might start the process of repossessing your home. Agree a payment break Your lender can agree to stop or reduce your monthly payments for a short amount of time

• Dealing with mortgage arrears

  to repossess your home if you can’t agree a way to pay back what you owe. But even then, it’s not too late to try to reach an agreement with them. Mortgage arrears are a priority debt. This means you

• Buildings insurance

  mortgage lender repossesses your home you're responsible for insuring it until it is sold and you should tell your insurer that you are no longer living there, otherwise you may not be covered. If you

• How lenders decide whether to give you credit

  have made payments on time Home repossessions. This is information from members of the Council of Mortgage Lenders about homes that have been repossessed Financial associations. This shows details

• If your mortgage lender takes you to court

  to deal with mortgage debts. If you’re at higher risk from coronavirus If your mortgage lender is trying to repossess your home, you should tell them you’re at higher risk of getting ill - they might

• If you want to sell your home and rent it back

  and your home is repossessed by someone they owe money to This means that if you use a sale and rent back scheme, you might still have to leave your home anyway. You should think about whether you’d

• Check if you have to pay a debt

  . If your home is repossessed and you still owe money on your mortgage, the time limit is 6 years for the interest on the mortgage and 12 years on the main amount. If you’ve already been given a court

• Buying a used car

  there will be a fixed monthly cost - so it’s easier to budget the car can be repossessed if you can’t keep up the payments For more advice on whether a hire purchase arrangement would suit you read buying