repossession

"In actual fact, this was a repossession fee," the FCA said.

It also said a ban on no-fault evictions for existing tenancies would be delayed until an assessment by the justice secretary on the readiness of the court system to deal with repossession claims is published.

Other changes include delaying a ban on no-fault evictions for existing tenancies until an assessment by the justice secretary on the the readiness of the court system to deal with repossession claims is published.

Shelter pointed to figures showing that since the government first promised to end no-fault evictions, a total of 26,311 bailiff repossessions had been granted.

It predicts this trend will also lead to falls across all lending next year, and a higher number of repossessions.