Get help if you're having problems paying your mortgage. Our friendly, free and confidential advice service can explain your options. While it's never too late to get advice, the sooner you contact us, the more we can usually do to help. Call our helpline on 028 9024 5640
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.
You should only give back the keys to your property if you're absolutely sure that there's no way you can keep your home. Make sure you speak to an adviser at our Mortgage Debt Advice Service before you take this drastic step.
When your home is repossessed it is usually sold to pay off your debts. This will also happen if you hand over the keys to your home voluntarily. The money you get may not be enough to cover everything you owe.
The Housing Executive and housing associations should only evict tenants as a last resort. These landlords will usually only start legal action to evict if other ways of sorting out any problems have failed.