WestCorp deplore the current trend by lenders to action quick repossessions. As a home owner, it is important to know your full rights under the law.
You can only be repossessed if your lender can prove a valid legal reason for repossession and the correct procedures and format are followed.
Repossession will not happen automatically. It may be possible to stop the process at any stage, provided the proper procedures are followed.
WestCorp offer a number of unique products in the form of
Our Homeowner & Business Equity Protection Plans both for mortgage holders and business operators who are under threat of possible home or business premises repossession.
If you find yourself falling behind on your repayments and facing possible repossession, you are not alone there are thousands of UK home-owners in similar positions.
There is however good news, at WestCorp we are experts at helping people to avoid repossession and provide every possible option available to make sure you and your home-life are unaffected by this exceptionally stressful period.
There are a number of ways that we can help you stop repossession, the first thing that you must always do is contact your lender immediatley to discuss the arrears position. Then, depending on your specific circumstances, WestCorp will review and action the most appropriate avenues that will stand the best chance of successfully keeping you in your home.
Repossession is an emotive subject as is debt generally. For further information on this and other debt related matters we suggest two inexpensive but excellent online ebooks that maybe helpful; the best
Debt eBook v3.0 ever and the popular
Beating The UK Debt Machines providing a detailed review and comprehensive insight into UK debt and the workings of the UK lenders that have created such an environment of misery. Both can be purchased and downloaded straight from this website.