November 11, 2016
Data from the Ministry of Justice suggests the number of claims made by private sector landlords to repossess a property has dropped 21 per cent over the past two years.
According to official statistics the number of possession claims made to county courts in England and Wales by private landlords have fallen from a high of 6,486 in the first quarter of 2014 to 5,129 between July and September 2016.
The improvement comes after the independent English Housing Survey - published earlier this year - found that in 2014-15 private sector tenants had been in their current home for an average of four years.
Responding to the figures, the policy director of the Residential Landlords Association, David Smith, says the figures are a timely reminder that landlords do not seek to re-possess properties lightly.
"With tenants also living an average of four years in private rented homes, the sector is stepping up to the demand for long term housing without the need for heavy handed legislation” he says.
https://www.lettingagenttoday.co.uk/breaking-news/2016/11/clasims-to-repossess-private-rental-properties-down-21-in-two-years
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