In 2014 the BBC reported that there are just under 10 million mortgages in the UK, while the FCA reported figures for mortgage (re)possession claims across England and Wales between 2009 and 2014 at 396,862. These figures are Mortgage Lending only – and do not incorporate other types of secured lending.
It can be very easy to slip into uncontrollable debt, with families most at risk, a recent study by shelter England and reported on the Guardian online – states “More than one in three families in England are only ONE monthly pay packet away from losing their homes, highlighting how many households have almost no savings. The housing charity found that 37% of working families would be unable to cover their housing costs for more than a month if one partner lost their job.”
As the financial uncertainty of the previous few years coupled with the financial uncertainty of the future years (specifically with BREXIT in mind), people and businesses are facing financially challenging times.
When consumers start receiving letters from lenders and creditors demanding payment or face the consequences, many people bury their heads in the sand thinking that no one can help them but that isn’t the case. We foresaw these kind of problems and so created a facility which offers assistance to help you through such times.
The most important thing to remember is regardless the type of secured asset, Residential, Commercial, Land, Car, Bike, Stamps, Boat or even Art, if you have an asset which you have used as security and you have fallen behind on payments to your creditors SayNoToRepossession.co.uk will endeavour to help you avoid repossession and/or eviction.
Remember we are here for you; Our team has a very good understanding, more than most the consequences that homelessness can inflict on families and individuals and that is one of the reasons we are here today.