Thousands of private tenants face possible eviction

Buy to let landlords struggling to keep up with their mortgage repayments might have to consider selling their investments. It is believed that 75,000 properties could be repossessed during 2009.

Many Tenants are receiving letters from the courts alerting them that the property will be repossessed in 14 days due to the non payment of the landlord’s mortgage. It is affecting many families who have been paying their rent and bills and would have no where to go. Some tenants have young families and a short time to find alternative accommodation.

The government is aware of this situation and will be putting plans into action to help households being affected by repossession. The government intends to extend the eviction notice from 14 days to two months to allow tenants to find other accommodation.

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March 30^th 2009

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