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Vehicle repossessions to begin again after Covid-19 ban on reclaiming ends

Vehicle repossessions to begin again after Covid-19 ban on reclaiming ends

The Financial Conduct Agency had introduced the special measures due to the exceptional financial hardship as a result of Covid-19. It has this week confirmed that the ban will be lifted for cars and other products after 31 January, thought it has proposed for the restriction on repossession of homes to be extended to 31 March.

Hanuman Ishmael
Hanuman Ishmael
R_Forde
R_Forde 2 months

I am open to buying a new to me used car. My current vehicle is 13 yrs old now and work ok but if there are good deals.

TheMadDane
TheMadDane 2 months

And so it begins...

David
David 2 months

Is it possible for the lots to be full and actually not take anymore stuff?

Sergio
Sergio 2 months

It will be a flood of used cars rolling in

Christi
Christi 2 months

This is in the UK... unless you expect Trump is supposed to lead England, and our democrats are responsible for their economic woes, this whole Great Reset đź’© is just that... đź’©

Noah PaulOG
Noah PaulOG 2 months

Part of the Great Reset is no one ownig anything anymore. Funny how this fits right into that.

David Shechtman
David Shechtman 2 months

The banks want to own everything because they know fiat currency is going to be worthless soon

Duncan
Duncan 2 months

Wait, I didnt have to pay my car bill this entire time? DAMNIT.

Watcher
Watcher 2 months

Any reason why my post has been removed from this article? Tried to look at the response in my notification but it won't open as my post is gone. This platform turning in to Twitter?

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