Mortgage Repossessions Bill receives second reading in Lords

31 March 2010

On 30 March the Mortgage Repossessions (Protection of Tenants Etc.) Private Members Bill passed second reading, the debate on general principles, in the House of Lords.

The Mortgage Repossessions Bill provides protection for rental tenants whose landlord has defaulted on the mortgage for the rented property, ensuring that the tenant is given notice of a repossession order and giving courts the power to delay the delivery or execution of a repossession order. The Bill was introduced in the House of Commons by Dr Brian Iddon, MP for Bolton South East, and sponsored in the House of Lords by Lord Best.

No date has yet been scheduled for the committee stage, allowing detailed examination of the Bill.

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