URGENT HELP NEEDED - eviction notice

girl1980

Please can anyone offer any advice?

I have just found out that a friend has received a two week eviction notice on her property.

It is mortgaged and there has been a loan taken out against the house. The repayments on the loan have defaulted and an eviction notice served (now less than 2 weeks I think) unless £1000 can be paid.

There are 2 children involved and we are now desperately trying to help them resolve the situation.

Does anyone have any advice that might help at all?

Thanks in advance

obsessed_saver

Give them £1000?

girl1980

If I had it I would

jimc_2

On a serious note, unfortunately even the £1000 wouldn't help. That is only part of the arrears to date. There'd be more later unless your friend pays the mortgage for the LL.

This is a serious and hidden new problem which Channel 4 news has called the 'hidden victims ' of the credit crunch. Right now there seems to be NO protection for tenants whose LL defaults on mortgage payments. The only upside is that your friend is in no way responsible for becoming homeless and therefore the local council should be able to help if that's what he/she wants.

This is the sad, personal, human side of BTL problems and is why reading the postings of some other MSEers gloating about the woes of BTL landlord makes such depressing reading.

Snooze

girl1980 wrote: »

Please can anyone offer any advice?

I have just found out that a friend has received a two week eviction notice on her property.

It is mortgaged and there has been a loan taken out against the house. The repayments on the loan have defaulted and an eviction notice served (now less than 2 weeks I think) unless £1000 can be paid.

There are 2 children involved and we are now desperately trying to help them resolve the situation.

Does anyone have any advice that might help at all?

Thanks in advance

Post your question here - http://forums.moneysavingexpert.com/forumdisplay.html?f=76

That is the "I borrowed more than I could pay back" forum.

Rob

Debt_Free_Chick

girl1980 wrote: »

Please can anyone offer any advice?

I have just found out that a friend has received a two week eviction notice on her property.

It is mortgaged and there has been a loan taken out against the house. The repayments on the loan have defaulted and an eviction notice served (now less than 2 weeks I think) unless £1000 can be paid.

There are 2 children involved and we are now desperately trying to help them resolve the situation.

Does anyone have any advice that might help at all?

Thanks in advance

Your friend rents this house .... yes?

Who is the "eviction notice" addressed to? And who has issued it?

Snooze

jimc wrote: »

On a serious note, unfortunately even the £1000 wouldn't help. That is only part of the arrears to date. There'd be more later unless your friend pays the mortgage for the LL.

This is a serious and hidden new problem which Channel 4 news has called the 'hidden victims ' of the credit crunch. Right now there seems to be NO protection for tenants whose LL defaults on mortgage payments. The only upside is that your friend is in no way responsible for becoming homeless and therefore the local council should be able to help if that's what he/she wants.

This is the sad, personal, human side of BTL problems and is why reading the postings of some other MSEers gloating about the woes of BTL landlord makes such depressing reading.

Maybe I missed something but I'd assumed from the OPs post that the property belonged to her friend and they'd been served an eviction notice.

Confused now as the original post wasn't very clear as to the circumstances.

:huh:

Rob

*MF*

Also confused by the various posts - as to who owns the house etc.

But that apart - this link is to Shelter - and contains loads of useful information - whatever the actual circumstances turn out to be - hope this helps in even a small way.

http://england.shelter.org.uk/home/index.cfm

Debt_Free_Chick

I can't see any way that a Court would evict either a tenant or a homeowner for a £1000 debt!

Hence ..... I'm suspicious. Either the Eviction Notice is not real/valid or we've not got the full story.

Snooze

I suppose if they owned the house then they wouldn't be getting an eviction notice - it would be a repossession order so one now has to assume that they're tenants - although why they'd get an eviction order for a secured loan on a house that doesn't belong to them is beyond me .

Rob

Snooze

Debt_Free_Chick wrote: »

I can't see any way that a Court would evict either a tenant or a homeowner for a £1000 debt!

Hence ..... I'm suspicious. Either the Eviction Notice is not real/valid or we've not got the full story.

Agreed.

Rob