The proportion of all repossession claims that have to be
resolved by bailiffs in the last 12 months has shot up to 40%, compared to just
25% 5 years ago according to recent Government stats. Possession claims will
only progress to bailiffs after a tenant has received an eviction notice and
failed to vacate a property by the date specified. The NLA has consistently
warned that putting vulnerable households in this position is detrimental to
both landlords and tenants. Tenants often accrue further rent arrears that make
them more susceptible to homelessness, while landlords could fall behind on
mortgage payments as they are dragged through a lengthy and costly court
process. As a result, landlords are becoming more reluctant to let out their
property to vulnerable households as their confidence in their ability to
regain possession without substantial financial damage is diminished. Read more
on the NLA website.
Won’t somebody please think of Britain’s poor £2m homeowners? Oh, wait –
everyone already is | Jonathan Liew
-
Contrast the furious reaction to Rachel Reeves’s ‘mansion tax’ to the
response offered to those living with real housing injustice: indifference
The new ...
23 hours ago

No comments:
Post a Comment