Friday, 10 June 2016

New Law Proposed to Stop Councils Forcing Tenants to Wait for Bailiffs

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.

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