Platform Repossession

Don't Let Them Take Your Property

The Repossession Stopper can help you to stop an impending eviction, whatever stage of the process you find yourself in:

If you have missed mortgage or loan repayments and fear repossession - We can help!
If you have received a court date, it is not too late! - However if you do not act quickly then you could find your home being repossessed!
• Even if you have been to court and have already handed over the keys to your home, as long as the property has not yet been sold then it is not too late to stop your repossession!

Stop Platform Repossession

Before repossession proceedings take place, Platform Home Loans would contact the borrower to help find a solution to getting back on track. There are a number of solutions that the lender may make available to a borrower who is in arrears on their mortgage:

• Revert to an Interest Only mortgage
• Extend the term of the mortgage
• Agree to an increased monthly payment on the mortgage over a certain period of time.

Often, these remedies can go a long way to getting a borrower back on track and diverting the threat of repossession. However, what happens when the mortgage is already an Interest Only one? Or an increased monthly payment on the mortgage is unaffordable? Or the lender is not prepared to extend the term of the mortgage?

If this is the case and negotiations have long broken down, it might be time to consider switching lenders from Platform Home Loans to a new one – thus securing a fresh start.

Simply tell us a little about yourself and your current circumstances by completing our short enquiry form. A qualified mortgage advisor will be in touch to discuss a possible solution.