If you are in arrears with your mortgage and/or in significant debt that is affecting your payments to your mortgage you may be facing repossession.

If you are in arrears and have not come to an arrangement with your lender (varies with lender) they may have issued a court action. 

At this hearing it is possible to suspend the order to evict if you can show that you have a legitimate offer or can prove that you can meet payments on your property.
If you contact Rent Back Scotland, it is essential to explain what stage you are at and supply information about all outstanding debt against the property the business is to help you. 

Sale and Rent Back is not necessarily the best option for you in these circumstances.

Cost of repossession:

Some of the costs of repossession:

 >Liability to pay off Arrears.
 >Legal Fees & additional for court action.
 >Estate Agency or Auction Fees to sell your property.
 >Adversely affect your credit rating.
 >Liability for any shortfall after the sale.

Your property may also be sold at a discount or at auction to achieve a hasty sale.

Repossession can seriously affect your credit rating for years. 

Call on 0141 416 4446 now for more information.