Facing the threat of repossession can be one of the most stressful experiences for any property owner. If you’re struggling with mortgage arrears or other property charges, you might feel like you’re running out of options. But there’s hope—a Sub Loan can provide the fast funding you need to stop repossession and regain control of your finances. At Posfin Capital, we’ve helped countless borrowers avoid losing their properties with our Sub Loans, which offer funds in as little as 3–5 days. Here’s how you can stop repossession with a Sub Loan.
Step 1: Understand Your Situation
The first step is to assess your financial position. Repossession typically occurs when you fall behind on mortgage payments, and your lender takes legal action to reclaim the property. Check your mortgage statements to see how much you owe in arrears, and note any upcoming court hearings. Understanding the timeline and amount owed will help you determine how much funding you need to stop the process.
Step 2: Explore Secured Funding Options
Traditional bank loans often take weeks or months to process, which isn’t an option when repossession is looming. A Sub Loan, however, is designed for speed. At Posfin Capital, our Sub Loans provide up to 40–50% of your property’s loan-to-value (LTV) ratio, with funds released in just 3–5 days. This quick access to cash can be used to clear your arrears, pay off charges, or cover legal fees for business purposes, halting the repossession process. For example, if your property is worth 500k and you owe 200k, a Sub Loan could provide up to 50k to clear your debts.
Step 3: Apply for a Sub Loan
Applying for a Sub Loan with Posfin Capital is simple and fast. Start by filling out our Property Assessment Form, which takes just a few minutes. We’ll ask for details like your property value, current mortgage balance, and the amount you need. Once submitted, our team will review your application and provide terms tailored to your situation. We pride ourselves on transparency, ensuring you understand every step of the process.
Step 4: Use the Funds to Stop Repossession
Once your Sub Loan is approved, the funds will be released quickly—often within 3–5 days. Use this money to pay off your mortgage arrears or settle any outstanding charges on your property for business purposes. This can stop the repossession process in its tracks, giving you breathing room to get back on track financially. If you’re facing a court hearing, having the funds ready can also demonstrate to the court that you’re taking action to resolve the issue.
Step 5: Plan for the Future
A Sub Loan is a short-term solution, so it’s important to plan for the future. Use the time to improve your cash flow, whether by increasing your income, cutting expenses, or exploring longer-term secured funding options like a Main Loan from Posfin Capital (up to 70% LTV with 12 months of no repayments). Our team is here to support you every step of the way, ensuring you stay in control of your property.
Get Started Today
Don’t let repossession take away your property. A Sub Loan from Posfin Capital can provide the fast secured funding you need to stop the process and secure your future.
Apply now: bit.ly/POSFIN_PropertyAssessment.