Written in 2012.

This Professional Resource provides guidance on the fundamentals of advising a client who is threatened with repossession due to mortgage debt.  

It contains information on:

• types of mortgages
• the Northern Ireland ‘Pre-Action Protocol for Possession Proceedings based on Mortgage Arrears in respect of Residential Property’ and what is expected of parties prior to court action,
• the role of the Financial Services Authority and the Council of  Mortgage Lenders
• the steps an adviser must take to effectively deal with housing debt,
• possession proceedings in the NI court system and the options available to the Chancery Master.