Rat and Mouse
Tue
05
Oct
Tenants protected from repossessions

From October 1, if a buy-to-let landlord faces repossession for failure to keep up with mortgage repayments:

Tenants will for the first time be able to attend the court hearing, and judges will be able to take their situation into account and delay repossession by up to two months to give them more time to find a new home.

It's part of the Mortgage Repossessions Act 2010, and it should calm a few nerves. (Not the landlords' nerves... the ones who haven't been able to make their mortgage payments because of rent arrears, obviously.)

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