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When everyone has a home

Housing advice for Northern Ireland

Help with mortgage

It's essential that you get help and advice if you're struggling to pay your mortgage. The sooner you start dealing with your mortgage debts, the more options you'll usually have. If you ignore the problem it becomes harder to manage and you could end up losing your home.

It's essential that you get help and advice if you're struggling to pay your mortgage. The sooner you start dealing with your mortgage debts, the more options you'll usually have. If you ignore the problem it becomes harder to manage and you could end up losing your home.

It's essential that you get help and advice if you're struggling to pay your mortgage. The sooner you start dealing with your mortgage debts, the more options you'll usually have. If you ignore the problem it becomes harder to manage and you could end up losing your home.

If you are a homeowner, you can only be evicted if the court makes an order telling you to leave. This section explains what happens once your lender has applied to the court to evict you.

You will normally only be able to stop the repossession if you can pay the arrears off in a lump sum or in acceptable instalments. However, there are a few legal defences that could help your case.

You can be allowed to stay in your home after a repossession hearing. This may be because there wasn't a good enough reason to repossess the home or because the Master believed you should be allowed to stay to give you time to put the situation right.

The help you get to pay your mortgage interest has changed.  The Support for Mortgage Interest (SMI) benefit came to an end on 5 April 2018, and has been replaced with the offer of a loan. 

If you get certain benefits, you might be able to get help to pay the interest on your mortgage. This help will be a loan and you'll have to repay the money if you sell your home. You'll normally have to wait almost 10 months from the date you start getting other benefits until you'll get help towards your mortgage.

The Bank of England has announced the first rise in interest rates since 2007. After the Brexit referendum last June, the Bank of England reduced the cost of borrowing to 0.25%, but this announcement brings the interest rate back up to 0.5%. The people who will be most adversely affected by this increase are those households with variable rate mortgages. If you have a variable rate mortgage, your payments will increase because of this change. 

If you are a homeowner, you can only be evicted if the court makes an order telling you to leave. This section explains what happens once your lender has applied to the court to evict you.

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