Mortgage arrears

If you are having difficulty in paying your mortgage, it is important that you assess whether your problems are likely to be -

Short term for example

  • if you have lost your job, but will be getting a new job soon

Long term for example

  • if you have developed a chronic illness
  • You have split up with your partner and they are no longer contributing towards the mortgage


Sometimes we can bury our head in the sand and hope that everything will work itself out, however it is important to realise that ignoring your payments can end up with you   

  • Owing a larger debt that makes your mortgage payments harder to manage
  • May be charged penalty fees for any missed payments
  • Have your home repossessed
  • Become Homeless

GEMAP advisors are here to help you try find a solution. YOU ARE NOT ALONE!

GEMAP can help you tackle the problem by

  • Going through your options with you
  • Help you find a realistic and affordable solution
  • Help you negotiate with your lender
  • Increase your income with possible Benefit entitlement
  • Help reduce your outgoings by assisting you with cancellation of any subscriptions you may pay e.g. TV, Gym memberships switching your fuel to a cheaper provider etc.

There are options that a GEMAP advisor can help you with to try help you retain your home in the event that your situation escalates these can include:

Your Lender cannot automatically repossess your home, they must follow certain repossession procedures

GEMAP can also take steps to help you when any court proceedings have started by making you an URGENT appointment with Govan Law Centre to speak independently to a lawyer

I would like to discuss this with a GEMAP advisor


The important points to remember are:

  • If you do not keep up to date with your mortgage repayment, your lender can repossess your home
  • If you are having problem paying your mortgage, DON’T IGNORE IT!
  • If you have a secure loan against your home the lender you borrowed the money from can repossess your home if you do not keep up with the repayments

Please contact a GEMAP advisor URGENTLY - 014 773 5850