If a mortgage lender repossess your home
Before a mortgage lender can repossess your home, they must:
- tell you how much you owe
- consider a request from you to change the way you pay your mortgage
- respond to any offer of payment you make
- give you reasons for turning down your offer of payment within 10 days
- give you a reasonable amount of time to consider any proposal they make
- give you 15 days’ written warning if they plan to start court action
- tell you the date and time of a repossession hearing
- let us know within five days of getting notification of the date of the court hearing, in case you need to apply to us if you are homeless
It's your responsibility to make your mortgage payments. It's important that you make these payments on time every month.
If you're late, the late payments would have a negative effect on your credit report. If you cannot make your mortgage payments, you risk losing your home.
A mortgage lender can repossess your home by applying to the courts for a possession order.
For more information, read the home repossession guidance – GOV.UK.