Residential Repossessions End Date
After extending emergency restrictions on residential repossessions several times over the last year or so the government has just made an announcement confirming the plan for them to end.
- Notice periods currently 6 months will reduce to 4 months from 1 June and, if things proceed smoothly on the public health front, to pre-pandemic limits from 1 October.
- Bailiff-enforced evictions will re-commence from 1 June 2021 (currently they are only enforced in exceptional circumstances)
This means that, if things go well, residential repossessions should be back to “normal” from October.
However, as a side note, the government has also confirmed that it will be producing a white paper on changes to the residential private rental section to include “proposals for the abolition of Section 21 ‘no fault’ evictions to give tenants greater security and a new ‘lifetime deposit’ to ease the burden when moving house”.
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