Back in late November we blogged about the shocking fact that tenants need only be given 24 hours notice prior to an eviction due to a landlord not keeping up with repayments. It’s a very worrying loophole for the millions of renters across the UK but now, a bid to give private tenants greater protection from repossession has been launched in the House of Commons.

Labour Minister Brian Iddon has put forward his Mortgage Repossessions (Protection of Tenants) Bill which would give tenants more notice and cease the turmoil that is currently caused to over 3,000 people a year. Under the Bill, tenants would be given up to 2 months notice of a repossession order instead of the current legal requirement of 24 hours.

Tags: avoid repossession, house repossession, repossession order, stop repossession

This entry was posted on Friday, January 29th, 2010 at 10:19 am and is filed under repossession news. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.