Thursday 6th of August 2009
Communities and Local Government (CLG) has launched a new consultation that aims to protect renters asked to leave a property because of their landlord’s failure to make mortgage payments.
The department’s consultation reports that much has already done to protect tenants from short-notice eviction, with the time period for exiting the property now set at seven weeks after the issuance of a repossession order from the courts.
New proposals include the right for tenants to be heard during repossession hearings and the option for renters to apply for a two-month delay to deadlines.
For those who are struggling with debts themselves, such an extension may afford them time to take out an individual voluntary arrangement or develop a debt management plan.
Commenting on the publication of the consultation, smartlandlord.co.uk’s managing director Keshav Thukaram said that tenants should not be left to suffer because of their landlord’s failure to make repayments on excessive mortgages.
- Debt consolidation loans falling, figures show
- Britons 'changing attitudes' towards debt management
- Homeowners 'more concerned with debt management'
- Low interest rate 'contributing to debt management efforts'
- Debt management growing in importance, survey finds
- 'Rising challenge' for student debt management










