Free legal advice to those facing eviction

Posted under Advice by Michael

The Legal Service Commission would announce launch of emergency legal schemes to provide free legal advice to those facing eviction. Charities have called repossession figures as “shocking” and urged extending more help to the home owners.

Sale-and-rent-back schemes are so far not governed by any regulations. This led to exploitation of desperate consumers who struggle to avoid repossession.

The National Landlords Association (NLA) chairman, David Salisbury, has urged that consumers facing threat of imminent repossession due financial difficulties must be given legal protection against rouge landlords. Landlords violating the code could be asked to pay compensation and would be expelled form the NLA.
In such uncertain times, if you own property and make up your mind to let it, you must do some homework before taking the first step. In order to reap the benefits of investment, you must do some data collection in the area surrounding your property.

The data regarding prevailing rental prices, quality of your property in comparison with others and the demand and supply position of rental properties in that area, would be very useful in deciding a realistic rent for your property.