Is it that easy to stop Repossession? It may or it may be not. It depends on your court hearing and defending too. You may not have problem if the mortgage is owned by 1 person, but if is has more then 1 owner, you may be at a risk. Only one party’s absence may pose problems for the other owner parties too. You need to respond to the court hearing in this case. 

An Equity release plan may help you. You can always release your worth in your home and stay there. The standardized schemes are more popular and people make use f these. The schemes are categorized as under 55 and over 55. you can get the money as lump sum amount or either in form of monthly payments. That depends on your choice and circumstances. These plans are not granted to people over 60. 

You can simply Sell house but the lender will sell it immediately. But you liabilities may increase this way. If the gap duration or interest payments increase, you will have to bear the cost of this too. You need to work out on many solicitors and let real estate agents do it for you. They will guide you in a better manner and you can trust them always. A quick property sale may or may not impose quick costs. The national home buyers will not charge any cost for the whole property.