house repossesion?

[lootmaker]

If i own 2 houses and have 2 mortgages one houses has a small mortgage of �40k on a house worth 290k. I am getting another flat worth �176k if that flat gets repossed as i cant keep up my payments then is there anyway they will come after my 1st house? 2 different mrtgage companies.

[Oneeyedvic]

They can come after you personally and ask for any shortfall. If you do not pay, they could go to court and get a charging order over your property. Whilst this would not let them repossess, it would mean that when you go to sell the house, they would get paid then.