When does the court issues outright possession order?
A house possession order is usually published by the court to evict the tenant using legal implications. Outright possession order is issued by the court in favor of the property owner, so that he can get a complete control over his property and can legally vacate his rental properties. The decision to issue the outright possession order usually depends upon the type of tenancy and the circumstances of the case. Whenever the property owner files an application for possession order to the country court, the judge can take either of the following legal actions:
- Issue an Outright Possession Order
- Issue a Suspended Possession Order
- Dismiss the case
- Adjourn the case
When the court issues the outright possession order, the tenant is notified to leave the property within the date mentioned in the evicted order. Usually the date ranges around 14 to 28 days from the day the court order was issued. In some of the rare cases, where the tenant suffers from chronic illnesses or has young children, the court makes some consideration and delays the eviction up to six weeks. If the tenant does not vacate the premises within granted time interval, he has to face legal consequences.
Stop home repossession by seeking advice from experts:
In order to avoid repossession, it is important for the tenants to imply winning strategies and overcome the legal implications smoothly. Here are few helpful methods that can help in avoiding home repossession:
- Refinance — By refinancing your existing loan at a lower rate of interest, the individual is able to make the payments smoothly and avoid repossession. Refinancing works the best when the individual has availed loan from the lending organization at a variable interest rate.
- Communicating with lending organization — It is better to communicate early with the lending organization and work out for a mutual solution. When the individual faces financial crisis due to personal problems like sudden unemployment, death of a family member or other reasons, the lending organization understands the problem and offers you secondary solution to pay off your mortgage arrears.
- Quick selling of property — Quick selling the property is one of the most effective methods to stop repossession and legal implications. By selling your property, you can repay back all the loans and stay protected from legal distress.
- Rent your home — If you are able to get a higher market rent than your mortgage payment, it is better to rent your home and stay in a less expensive home. It will help in managing all the debts and you can stay out of home repossession.
- Rent out a room in your home — It is also a wise idea to rent a single room of your home to tenants. They can use the space as garage and help you overcome your financial distress.
- Mortgage modification — It is an effective method that helps in stopping repossession and you can reduce your mortgage payment amount according to your personal affordability. However, the method is not a long-term solution.
Individual can educate themselves with variant options, which seem to be effective in stopping home repossession. It is also advised to seek professional guidance from legal experts or property solicitors to find best solutions.