Real House Repossession Rise: Sale And Rent Back

Real house repossession increased by 17 per cent in the first quarter of 2008 according to the Ministry of Justice. Solicitors have said their workload has double, which means it will become harder for homeowners to secure legal aid. A sale and rent back scheme may be the easiest solution as time and money is of the essence. Legal help is available to those who cannot afford a solicitor, but if the resources aren't there, a sale and rent back scheme may look like a workable alternative.