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TODAY'S OTHER NEWS

BTL landlords evict fewer tenants

The number of tenants evicted by private landlords has continued to fall, according to data from the Ministry of Justice (MoJ).

From a market of around 4.5 million buy-to-let homes, 6,079 repossession claims from private landlords went before the courts in the second quarter of the year, down from 6,266 repossession claims in Q1 2019. 

Overall possession claims hit 26,695 in the second quarter of the year, down 9% year-on-year, while possession orders numbered fell 6% to 21,384, warrants dropped 4% to 13,685, while repossession declined 10% to 7,428. 

Some 58% of claims originated from social landlords, 19% were accelerated claims, while the rest came from private landlords, the MoJ figures reveal. 

“Since the same quarter last year, the proportion of private landlord claims increased by 2%, whereas accelerated claims decreased by 2% and social landlord remained stable. The fall in landlord possession claims is across all regions, with the largest actual decrease seen in Midland and London courts,” said the report.

On average, a repossession claim takes 19.6 weeks to go through the courts, a slight reduction on 19.7 weeks a year ago. 

One in four claims reaches repossession, which is unchanged from last year.

Poll: On average, a repossession claim takes 19.6 weeks to go through the courts, Do you think it will drop in the near term?

PLACE YOUR VOTE BELOW

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    I think the reason for the drop in evictions is simply because we are now more careful who we rent to, no more taking risks on iffy tenants hense the rise in shop door way sleeping

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    Yes I think a lot of this is down to good tenant selection. Also I do believe that tenants realise the game is up. Fewer houses available more competing tenants they have had to wisen up if they want a roof over their head. Now only the dross houses are on offer. The ones advertised on newsagent notice boards and Gumtree. Good quality housing deserves good quality tenants

     
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