Speak to one of our specialist advisors 0808 156 7730

Q&As and Ask an Expert

paying over the certain % amount – no longer get repossessed?

5 months ago - Posted by tad_admin

Hi, just a general query,

is it true, that if you pay off a certain amount on a mortgage (%) then if you fall into difficulty they cannot repossess the house?

if true, what is the % ? any links? thanks

1 Answer

TAD Member

5 months ago

There are a set of rules that mortgage lenders must follow before taking action, you can read these on Shelter’s website here: https://england.shelter.org.uk/housing_advice/repossession/repossession_rules_mortgage_lenders_must_follow or you can contact Shelter’s national helpline on 0808 800 4444.

This question was answered by Debt Advice Foundation, an independent UK debt advice charity. If you need further help, Debt Advice Foundation provides a free, confidential helpline and can advise you. Click here to find out more.

Answer the question

If you have a question on a particular debt topic, you may find the answer in the questions below or in our full Q&A section.

Request debt help & advice

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean rutrum lacus at magna lacinia efficitur. Sed sodales, diam ac aliquam tristique, urna ligula eleifend lorem.

Our team of specially trained consultants can advise you on the best debt solution based on your current situation. For confidential advice Just fill in the form below and one of our team will call you back




Live Chat

Got a question? Our advisers will point you in the right direction.

  • Monday to Friday, 8am to 8pm
  • Saturday, 9am to 1pm
  • Sunday and Bank Holidays, closed
Launch chat

Call us

Got a question? Our advisers will point you in the right direction.

0808 156 7730
  • Monday to Friday, 8am to 8pm
  • Saturday, 9am to 1pm
  • Sunday and Bank Holidays, closed