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I have a client who consented over the phone to a Repossession Order on his private home with his solicitor.
He was unaware of the consequences at the time and his circumstances have since changed.
He was not living in the house at the time and he now wishes to move back in with his family as the bank have not come near the house since the repossession order in early January.
He is willing to come to a repayment arrangement with them to partially meet the interest and look for a family member to purchase the house at market value within the next 12 months.
Is there a strong possibility that he and his family could be evicted if they move back in, even though they are willing to pay some of the interest. Although they have consented to the Repossession order is this an option?
He was unaware of the consequences at the time and his circumstances have since changed.
He was not living in the house at the time and he now wishes to move back in with his family as the bank have not come near the house since the repossession order in early January.
He is willing to come to a repayment arrangement with them to partially meet the interest and look for a family member to purchase the house at market value within the next 12 months.
Is there a strong possibility that he and his family could be evicted if they move back in, even though they are willing to pay some of the interest. Although they have consented to the Repossession order is this an option?