Mortgages and eviction

[MFSB]

Things have become incredibly difficult for many working and unemployed parents. Keep the roof over your head is the big issue with mums and dads going without to feed children, pay for essential (heating, gas, electric, clothes, shoes etc) But most importantly keep a roof over your head.
Parents with mortgages in these difficult time are facing eviction.
How can parent at hells gate weeks away from eviction challenge, delay, or re-negotiate when banks and mortgage companies are determined to make up for global financial losses via evictions and the equity in domestic family homes.
The funny folk will say "pay your mortgage" but for many jobs are few, casual, zero contract or not available.
So parents can use N244 form to try to delay a eviction and also a N245.
But when you have children, equity in the property, out of work, no means of making a mortgage payment, What valid reasons can a parent use that will be recognized by a presiding judge.
Is it time for Mumsnet bring a focus to this issue and provide advice for parent facing imminent eviction in homes with children, with £500k -£900k equity.

Eh? You're seriously asking for help for people sitting on £500,000-900,000 in equity? Perhaps those people could downsize.

what a hilarious OP

You want mumsnet to target people with half a million pound and up equity? for money advice?

How many people have this much equity in a house and also are weeks away from hells gate?

The objective is trying to raise the issue of housing, the cost of living crisis and its overall affects on people, children and society.
The UK economy and its current situation is going to impact so many people.
I would see the issue being homelessness, plus the internal appointment of millionaires to change policy and implement cuts to benefit multi-milionaires and multi-billion pound companies, that pay nothing into the economies that they financially plunder. Euro-American colonization enabled by the mis-managers in full effect.

I’m finding this hard to follow. You want people in big houses with lots of equity to get financial help? On what basis - that they over borrowed?

Does this have anything to do with bison or the water supply?

OP,

I'm don't really get your post fully, but if you are talking about people who have mortgaged homes where they can no longer keep up the repayments, that's generally a repossession process.

As far as I'm aware, that process can take quite a long time - certainly many months.

If people have significant equity in their homes, they would have had time to speak to their lenders and arrange a mortgage holiday, perhaps extend the mortgage term, or put their house up for sale to release the equity. The bank would also release the profits after deducting their costs from any forced sale.

Could people perhaps rent them out and rent somewhere much cheaper for themselves?

There is also help available to temporarily pay mortgage interest if you've lost your job. I don't know when it kicks in but it is worth a look.

Losing your home, whatever your situation is absolutely horrible, but possible more so without a buffer of cash due back to you. What would you like to happen?

Do you mean 500k - 900k of equity? I doubt they are the ones with the problem

or people with mortgages of 500k - 900k? If so, why that range specifically and not lower ranges?!

not sure I understand what you want and makes me think you are trying to be funny

People with enough equity in their home to buy another one are not facing homelessness and would hopefully have enough sense to address the issue.

it is people who are mortgaged to the hilt with barely any equity - no matter how much the value of the house - who will get f***. I have seen some 25% shared ownership stuff that gave me anxiety months ago and I’m not even related to these people.