Mortgage repossessions

The Mortgage Repossessions (Protection of Tenants etc) Act 2010 received Royal Assent on 8 April 2010. The Act will commence upon a date to be determined by order made by the Secretary of State. The Act is aimed at protecting residential tenants of repossessed properties where the landlord had let the property to the tenant without having obtained the lender’s consent to the letting. In such circumstances, the tenant is vulnerable to immediate eviction. This Act allows the district judge to delay repossession of the property for up to two months, to give the tenant time to relocate.