If you’re a tenant, you’ll want to read this but it won’t make you happy… did you know that you can be evicted with just 24 hours notice? If your landlord doesn’t keep up with mortgage repayments and is repossessed, the law only requires you receive a day’s notice.

It’s a seriously worrying loophole for millions across the UK and each year, 3000 people find themselves homeless with only 24 hours warning. But thankfully, someone is stepping up to give tenants more rights and close this legal loophole. Labour Minister Brian Iddon has put forward his Mortgage Repossessions (Protection of Tenants) Bill which would give tenants up to 2 months notice of a repossession.

Tags: fast house sale, quick house sale, Sell And Rent Back, Sell My House Fast, we buy any house

This entry was posted on Friday, January 1st, 2010 at 2:21 pm and is filed under repossession. 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.