Hi,
I've accidentally found out my landlord is almost 2 years in arrears on her mortgage.
I have rented the property for 1.5 years. I signed a 6 month lease initially so I presume I'm under part 4 residency. What would my rights be if the property was repossessed?
Also how likely is it that the property will be repossessed? As someone who has no experience in these matters, I've no idea what timescale banks give to someone to start paying their mortgage again.
Should I start looking at other places?
Thanks for any help.
I've accidentally found out my landlord is almost 2 years in arrears on her mortgage.
I have rented the property for 1.5 years. I signed a 6 month lease initially so I presume I'm under part 4 residency. What would my rights be if the property was repossessed?
Also how likely is it that the property will be repossessed? As someone who has no experience in these matters, I've no idea what timescale banks give to someone to start paying their mortgage again.
Should I start looking at other places?
Thanks for any help.