Rental Market
Thousands could face eviction before Christmas, research reveals
Data estimates that 876 mortgaged homeowners are set to see their homes repossessed before 2024.
Repossesions
Buy-to-let Mortgages
Generation Rent makes no eviction plea in open letter to mortgage providers
The letter comes just two months after Government collaborated with lenders to introduce a 12-month grace period on repossessions - with no mention of the rental market.
Lead Story
“Sticking plaster for a gushing wound” – Lib Dems criticise Chancellor’s repossession plans
Many have criticised the Government’s inaction for borrowers struggling with affordability.
Lead Story
Government and lenders agree to 12-month grace period for repossession
There was no discussion of the rental market, as renters continue to struggle.
Featured
Lib Dems call on Government to provide eviction protection
Lib Dems Leader Ed Davey has challenged Rishi Sunak calling for a halt to evictions and repossessions over Christmas.
News
Mortgage possession orders up 103% but still below pre-Covid levels
Mortgage possession orders increased 103% in Q3 2022 compared to the same quarter in 2021, Ministry of Justice figures show.
Buy-to-let Mortgages
Birmingham is the nation’s rental repossession capital
Birmingham is the rental property repossession capital when it comes to landlords reclaiming their homes from problem tenants.
News
Repossessions could hit 48,000 by 2024
Property repossessions could hit 48,000 a year by 2024, a leading economic consultancy has warned.
Featured
Courts must be properly funded to cope with Scotland’s possessions law change – Propertymark
The Coronavirus (Recovery and Reform) Bill will complete its passage through Holyrood this week.
Lead Story
Mortgage and landlord possessions still low but experts warn that could change
As a result of coronavirus and associated actions, all mortgage possession actions have dropped significantly.