Receiving an Eviction Warrant

We have seen many people receive an eviction warrant who have generally not taken their mortgage seriously that do not believe their home will ever be repossessed. After suspending a repossession order it is important that you keep to the order to the penny and to the day. If a court tells you to pay £100 extra on the 1st day of the month and you can only afford £90 one month and don't pay this until the 5th of the month the lender has the right to as the court to issue an eviction warrant without the need for a further hearing.

Whatever stage you are at if you are going to fall into arrears or are in arrears with your mortgage the last stage is eviction itself and the only way to avoid this is by sticking to the suspended repossession order terms. If you are going to default on this it is important that you speak to your lender and see if they can be at all lenient with you. This will likely depend on how great a risk they think their security is under. If you have lots of equity stress this to the lender, if you are shortly going to complete on a secured loan to clear the arrears show the lender evidence.

You may have no alternative but to sell your home or maybe completely refinance, either way it is best that you do this as soon as possible so that you have as much time as possible before receiving the eviction warrant and then actually being evicted. It is possible to stop an eviction or suspend an eviction and information on this can be found by clicking on the link entitled stopping an eviction.

Your home is likely to be your biggest asset and it is best to seek as much advice as possible, you can approach the citizens advice bureau free of charge, you could speak to a lawyer and you can also speak to a mortgage broker to see if a secured loan or new mortgage is an option to stop an eviction.

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