Housing minister Grant Shapps has today welcomed new rules which mean tenants will no longer live in fear of being evicted from their home with little or no notice.
Before today, if a landlord has not been given consent to let out their property from their lender, and later faces repossession action, the tenants could be left vulnerable since the courts were unable to take account of their circumstances and many were placed in the distressing situation of being given very short notice to find a new place to live.
However, new rules coming into force today mean that tenants will for the first time be able to attend the court hearing and judges will be able to take their situation into account and delay repossession by up to two months to give them more time to find a new home.
Guidance, published today, clears up the rights these tenants have when their landlord faces repossession action but also sets out the steps lenders must take.
Shapps says: “Of course all landlords should get permission from their lender before renting out their home. But when landlords don’t, and they face the real prospect of repossession, their tenants should not be left worse off than any other tenant as a result.
“That’s why I backed the mortgage repossessions bill last year so tenants can have their voices heard in court and can get enough time to find a new place to live.
“As with all homeowners, I expect lenders to seek repossession only as a last resort. But where action is being taken against a landlord, their tenants must get a fair amount of time to find themselves a new home.”