Landlords wait nearly 27 weeks to regain properties as court delays deepen
6 Articles
6 Articles
Landlords hit by rising court times for repossessions
Court waiting times to process legitimate repossession cases by landlords have increased, according to analysis of government data by the National Residential Landlords Association (NRLA). That is despite a fall in the number of cases brought to the courts, the NRLA said. Statistics published by… The post Landlords hit by rising court times for repossessions appeared first on Mortgage Finance Gazette.
Court backlogs deepen even as landlord claims decline
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Landlords wait nearly 27 weeks to regain properties as court delays deepen
Average repossession process now takes 26.6 weeks. Annual landlord possessions rise 4.4 per cent year on year. Section 21 reforms could increase pressure on courts.Landlords in England and Wales are waiting longer than before to regain possession of their properties, with the average process now stretching to almost 27 weeks.Analysis of the latest government data by LegalforLandlords suggests that the time taken from submitting a possession clai…
Landlords wait over six months for repossessions - LegalforLandlords
Landlords in England and Wales were waiting nearly 25 weeks to repossess properties, according to research from LegalforLandlords. The average timeline increased by over 9% in the last year, taking the time from submitting a possession claim to repossession up from 24.4 weeks to 26.6 weeks. Repossession volumes also rose, with an average of 7,099 quarterly possessions over the past year compared to 6,799 the year before, a 4.4% increase. The n…
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