Mortgage arrears

If you've fallen behind on your monthly mortgage payments it is important to address missed payments as soon as possible. Failing to do so may lead to your lender taking steps to enforce the security over your home. This could lead to eviction and your home being repossessed. Your lender requires to follow a strict legal process to do this, so taking early action means you can rectify this before it reaches that point. It can also save you from facing additional costs that you may become responsible for if your mortgage provider requires to raise legal action.