Regardless of the promises made by President Obama in the State of the Union speech to improve the economy and create jobs, the pain quotient for many Americans is quite high now!
When I looked into the (admittedly ambiguous) legal situation, I'm still tied to the assured shorthold contract and would be liable for outstanding rent if I moved out. However, if he is repossessed, the contract counts for nothing and I can be out in weeks.It's situations like this that mean renting is a rubbish thing in Britain