What options do I have for clearing my mortgage arrears?

Options for clearing mortgage arrears

Your choice of action will depend on:

• How the arrears came about in the first place
• How short or long term the remedy needs to be 
• Whether your lender has taken action in court yet 
• The type and number of mortgages you have
• The amount of available income you have

Some of the options outlined here may also help you reduce your future mortgage costs.

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