Wednesday November 25, 2020

State rejects troika plan to fast-track BTL repossessions

A government expert group has rejected a controversial troika plan to fast-track the repossession of investment properties and buy-to-lets (BTLs).

29th December, 2013

A government expert group has rejected a controversial troika plan to fast-track the repossession of investment properties and buy-to-lets (BTLs).

The troika had been pushing the government to introduce a new repossession model based upon the commercial court division within the High Court, which has been hugely successful in cutting waiting times for large-scale business disputes.

The troika asked the government to examine a new system to deal with investment properties and BTLs, arguing that...

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