Forbes News
Mandatory Grounds for Possession
31/08/21
What is the Ground 2 - Repossession by Lender (prior notice ground)? Ground 2 of Schedule 2 of the Housing Act 1988 sets out that a mortgage lender has the right to possession of a mortgaged property, and that this can happen even if there has been no default by the mortgagor. A ground 2…