Notification of a Court Hearing Date - advice for borrowers

The Society has received notification of the County Court Hearing Date in respect of its action to recover the mortgage debt, you should have also received confirmation direct from the County Court.

At the court hearing our solicitors agents will be under instruction to apply for an Order for Possession of your property within 28 days of the hearing should the debt not have been paid in full.

What you should do next
If you are able to settle the arrears in full then you should do so immediately.  If you are unable to do so but are able to make a part payment then you should make this payment and also attend the Court Hearing in person to put forward any proposals you have to the Judge.

The Society will not refuse to accept any payments but may require the litigation proceedings to continue until the arrears are discharged in full.

Free legal advice and representation at the Court hearing
In most courts there are 'Court Desks' or 'duty advice desks', which provide homeowners facing repossession with free legal advice and representation at court before a hearing.  This advise is available to all and is not means tested.  You should always take advantage of this service if it is offered and you have not already sought advice about your case.

Repossession of your property
If you do not respond we will apply to the County Court to enforce any Order for Possession granted and you will receive notice of a date when you must vacate the property.  Once you have been evicted we will place the property up for sale and apply any proceeds in reduction of the mortgage debt.  You will be responsible for all costs incurred.  Any balance outstanding after the application of the sale proceeds will still be your responsibility and the Society will seek to recover this from you.

If a claim is made against any Mortgage Indemnity Guarantee then the insurance company have the right to recover the claim monies from you.

The Society will inform the credit reference agencies that the property has been repossessed.  This may affect your ability to raise credit in the future.

Free advice
There are several organisations which offer free debt advice for people with financial difficulties, some of which are listed below.  They are able to correspond with the Society on your behalf and may be able to suggest a solution that your had not tought of.  We strongly recommend recommend that you contact one of these organisations and their independent advice may enable you to save your home.

IF YOU DO NOT TAKE ACTION NOW YOU RISK LOSING YOUR HOME