Related Property Recoveries News

An Assured Shorthold Tenancy (“AST”) that was granted before 28 February 1997 had to be for a minimum fixed term of 6 months. However, with an AST created on or after 28 February 1997 there is no requirement that the AST has to be for a minimum term.

Three of the UK’s biggest mortgage specialists claim that judging by figures from late 2011, repossessions will rise in 2012 as the country’s gloomy property market continues to stall.

An Assured Shorthold Tenancy (“AST”) is brought to an end by surrender when the landlord and the tenant both agree that the tenant should yield up the remaining term to the landlord. If the AST is a joint tenancy all of the joint tenants must agree to the surrender. The surrender may be express or by operation of law.

Under any assured shorthold tenancy (“the AST”) the Housing Act 1988 (“the Act”) gives a landlord a right to possession of his/her property against any assured shorthold tenant after the expiry of the fixed term and after the expiry of a notice requiring possession served upon the tenant pursuant to the relevant provisions of section 21 of the Act (Section 21 Notice”).

In standard tenancy repossession hearings, one of the more common grounds for possession that landlords rely upon is that their tenant is at least 2 months in arrears with their rent payments, which is ground 8 of Schedule 2 of the Housing Act 1988.

A staggering 827,000 UK households were in negative equity in the first quarter of 2011, as the value of their home dropped to less than their outstanding mortgage.

Leading Banbury legal firm Spratt Endicott has received recognition from the Law Society with the presentation of its Conveyancing Quality Standard (CQS), an award given to recognise the outstanding contributions of legal firms to high-quality conveyancing practices.

Where a tenant is causing nuisance or annoyance to neighbours or others, private sector landlords are confined essentially to the traditional remedy of possession or, in a limited number of cases, an injunction for breach of a term of the tenancy.

The Council of Mortgage Lenders has predicted that home repossessions will rise from 40,000 this year to 45,000 in 2012

As we move into summer, figures show that the number of homes repossessed in the first three months of the year rose drastically.

Figures expected this week will reveal that the number of people struggling to keep up with their mortgage payments.

The case of London Borough of Hounslow v Powell was decided in the Supreme Court in February

The Sunday Telegraph backed by a number of MP’s is campaigning for a change in the law relating to squatters following their occupation of various historic buildings in London.

The purpose of this article is to clarify the position where a tenant wishes to assign an Assured Shorthold Tenancy. The ability of a tenant to assign an Assured Shorthold Tenancy varies depending upon whether:

Expected government cuts to schemes which help the unemployed with mortgage payments could leave thousands facing repossession, experts have warned

The number of people losing their homes fell to its lowest level for more than two years during the second quarter of 2010w, figures showed

Almost half of the nation’s possessions by landlords are a direct result of rental arrears, according to research published by the National Landlords Association (NLA)

The number of properties taken into possession by first-charge mortgage lenders continued to fall during the second quarter of 2010, the Council of Mortgage Lenders (CML) has revealed

SECTION 8 NOTICES - There are two types of Notice which a Landlord must serve before issuing proceedings to recover possession of an assured shorthold tenancy: a Section 21 Notice and a Section 8 Notice.

A fifth of the country’s private tenants underwent rental arrears over the past three months but the recession’s financial damage to the rental market is beginning to soften, the National Landlords Association (NLA) has revealed

UK repossession rates could hit 1750,000 a year if the economy does not fully recover, according to an unseen report commissioned by the last government

Despite signs of a long overdue market recovery, home repossessions could increase as lenders enforce suspended possession orders against unprepared owners, claims the Consumer Credit Counselling Service (CCCS).

The number of indebted homeowners forced to hand over their keys has reached a two-year low as repossession nightmares begin to lift, new research has revealed

More properties are being repossessed in UK city centres than elsewhere in the country, with London the country’s biggest hotspot for court action, according to research from leading estate agents.

"An Assured Tenancy can not be brought to an end by the Landlord except by obtaining an Order of the Court in accordance with the following provisions” – Section 5(1) Housing act 1988.

Spratt Endicott Solicitors and Let Insurance Services are running a FREE seminar on issues important to Letting Agents and Property Managers.

The government has announced through the National Landlords Association (NLA) that the threshold for Assured Shorthold Tenancies (ASTs) will rise from £25,000 to £100,000 and will be applied retrospectively from October 1st.

Here in our Property Recovery Department we are often asked a range of questions regarding various property related issues.

A list of landlords’ worries for the year ahead has highlighted existing regulations as a number one concern, and, with more regulations possibly on the way, 2010 could be a cautious year for the letting market.