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How It Works

If you have found yourself in mortgage arrears and your home is a target of bank repossession, it is important to act as soon as possible to try to avoid the repossession. If you’ve exhausted all other options, such as talking to your bank or trying to sell your property on the open market, then it’s important to get in touch with New Dawn Residential.

Reach out and arrange a visit

Homeowners in danger of repossession can contact New Dawn Residential for a no-obligation initial consultation. During this time, we will arrange a property visit to assess the your situation, financial status, and the reasons behind the potential repossession. After the initial consultation, New Dawn Residential will conduct a thorough evaluation of the property to provide a fair and competitive solution to prevent repossession.

Exchange contracts

We can complete and exchange contracts during a timeframe that suits you. Exchanging contracts involves both the seller and the buyer signing a legally binding document that outlines the terms and conditions of the property sale. The contract includes details such as the agreed-upon purchase price, completion date, and any additional conditions or obligations that both parties must fulfil.

Receive help with your fresh start

Unlike in a bank repossession, you’ll receive money to help you make a fresh start. We’ll assist you in finding a new property to start over, whether you want to buy or rent another home. We have a team of experienced professionals that are ready to help you leave and secure your future.

How we work:

Tell us about your property
Tell us about your property and situation

Arrange a call the same day or next working business day
Arrange a call the same day or next working business day

Arrange a property visit
Arrange a property visit

Receive your offer in as little as 60 minutes
Agree on exchange date

Transfer your debt to us
Transfer your debt to us

Exchange contracts
Exchange contracts

Help you start fresh
Help you start fresh

Free Mortgage arrears guide

Please input your relevant information to access and download the complimentary mortgage arrears guide.

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