Margaret Beckett has announced a proposed amendment to the law that would give tenants whose landlords are facing repossession more time to find somewhere else to live. Under the new proposals tenants will be given two monthsâ notice by mortgage lenders who have taken possession of the landlordâs home. The Council of Mortgage Lenders has warned that a number of tenants will slip through the cracks, especially those renting a property unofficially.
Tagged: CML, homelessness, homeowner, landlords, lenders, mortgage, rent, repayment, repossession, tenants