Released on = May 25, 2007, 1:12 am

Press Release Author = Charlotte Burrows

Industry = Real Estate

Press Release Summary = Changes to the legal aid system proposed by the government
could lead to a number of Britons having their homes repossessed, it has been
claimed.

Press Release Body = According to Greenwich Housing Rights, a charity which
specialises in providing free legal advice to people with housing problems,
solicitors will soon be reluctant to take on long-term legal aid cases because of
new government legislation - which could lead to a number of homeowners being forced
from their homes.

From October, only a standard fee will be paid to legal advisers by the government,
no matter how long the case lasts.

\"Our fear is there will be no reason for lawyers to take on difficult cases if they
won\'t be paid for them,\" Matt Ventrella, manager of Greenwich Housing Rights,
explained in newshopper.

\"More people will risk losing their homes if they cannot get legal help.

\"We take on a lot of legal housing emergencies, both at court and in our office, but
there\'s no way we could help everyone if more solicitors drop out of legal aid.\"

To avoid repossession, homeowners in financial trouble could consider selling their
properties to National Homebuyers and subsequently renting them back to free up
much-needed capital. The fast purchase property leader has been receiving thousands
of enquiries from people facing repossession.

Director Chris Newman says: \"With repossessions at an all-time high because of
interest rate rises, the impact of the law change will be devastating for some, who
are not in a position to seek help when faced with financial difficulty.

\"Our sell and rent back solution is designed to help people release equity in their
home, while remaining living there as a tenant.\"

National Homebuyers\' sell and rent back product allows the vendor to sell their home
for up to full market value and rent back on an assured short-hold tenancy
agreement. Further information is available at
www.nationalhomebuyers.co.uk/financialdifficulties.html or by calling 0870 979 8118.


Web Site = http://www.nationalhomebuyers.co.uk

Contact Details = Sterling House
20 Victoria Way
Burgess Hill
West Sussex
RH15 9NF
0870 979 8118
Fax: 01444 257333
info@nationalhomebuyers.co.uk