Understanding the law on mortgages and repossession

Unfortunately, if you cannot meet your repayments on your mortgage, your bank may have the power to repossess your house and sell it to pay off your debt. However, strict laws govern repossession of your home.

A mortgage provider or lender cannot simply repossess your property over one or two late payments, for example. There are requirements about giving notice and an opportunity for you to make offers, etc.

In this section we set out some information on the law governing repossession. We also cover some alternatives to repossession that you may be able to negotiate with your mortgage lender.

If you have defaulted on your mortgage and your bank has threatened to repossess your home you should urgently seek legal advice. Caven has more than 5,000 solicitors throughout the UK that we can put you in touch with directly.

If you are looking for expert legal advice, please call us on 08001 221 2299 and let our experienced case handlers match you to the right solicitor for your needs.

Would you like to find out more legal information on mortgages and repossession? Have a look at the links on the right-hand side.