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What is a Mortgage Possession? Mortgage possession involves legal proceedings in which a mortgagee, or other lienholder, usually a lender, obtains a court order for possession of a property, prior to exercising the mortgagor's equitable right of redemption. The Financial Conduct Authority (FCA) regulates all consumer mortgage lending, including the way lenders deal with arrears and possession on Regulated Mortgage Contracts (RMCs). The FCA updated its policy on mortgage possession in light of COVID-19 to forbid lenders enforcing repossession orders before 31 January 2021 except in exceptional circumstances, such as a customer requesting that proceedings continue. The consumer credit guidance states that before 31 January 2021 lenders should not terminate a regulated agreement or repossess goods or vehicles under the agreement that the customer needs, except in exceptional circumstances. If you think your mortgage lender breached the FAC rules OneLaw Chambers can help you raise a claim. Why Instruct OneLaw Chambers for your Landlord and Tenant Case? At OneLaw Chambers, our Landlord and Tenant Solicitors and Barristers regularly assist with many contentious and non-contentious landlord and tenant cases. We have assisted and represented many clients from all over the world achieving successful outcomes for them. Contact Us for Further Information or Post Any Questions You Have in the Comments Section Below This Video. Visit us at https://onelawchambers.com/our-legal-... for more information on your case. You can also contact us by email at advice@onelawchambers.com or give us a call on 0208 616 1819. Please send us any comments if you like the video or if you have any questions arising from anything in the video. Please also send us any comments on any other topics you would like us to post a video about. Your valuable feedback is greatly appreciated! PLEASE LIKE THIS VIDEO AND SUBSCRIBE TO OUR CHANNEL FOR MORE VIDEOS ON RELATED TOPICS --------------------------------------------------------------------------------------- Music Credits: Day In Paris by Pyrosion / pyrosion Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/3wJvygN Music promoted by Audio Library • Day In Paris – Pyrosion (No Copyright Music)