Is voluntary surrender of your home better than repossession UK

If you would like to know whether voluntary surrender is better than repossession, I’d say neither is better than the other. In fact both are bad. Going through a repossession will cause untold stress, you’ll lose your home, and may end up having a mortgage shortfall (which the bank can force you to pay) and you’ll end up homeless and have a terrible credit report to boot. There are much better alternatives to both voluntary surrender and forced repossession.