Archive for March 2017

€258,000 Mortgage debt written off, Murcia, Spain

€258,000 Mortgage debt written off- Peraleja Golf,Murcia A client approached EU Property Solutions via an introduction from an Estate Agent whom we work alongside in Spain. The client had purchased a holiday home in Peraleja Golf, Murcia, Spain. With the property clash, our client’s property value plummeted from c€300,000.00 to a forced sale price of…

Read More

Debt Write-Off Alboran Hills, Costa Del Sol

Significant Debt Write-Off achieved for a client with a problematic property in Alboran Hills. Client came across EU Property solutions whilst browsing on Internet. The client purchased a property in 2006 in Alboran Hills, Costa Del Sol. Due to the plummet in property prices the property was only worth €60,000 with a mortgage outstanding of…

Read More

UK assets protected, €60,000 Written off

An individual approached EU Property Solutions with a troublesome property in the Alicante region. The property itself had an outstanding mortgage of c€120,000 and the client advised 2 similar properties in the development were on the market for €60,000, but with little interest.  To further aggravate situation the mortgage repayment was to increase to just…

Read More

Negative Equity: End of Interest Only Fixed Rates

Negative Equity: End of Interest Only Fixed Rates I have an empty property in Europe but can’t sell due to negative equity. Is there a way out? EU Property Solutions are asked the aforementioned question daily. And despite many claiming to be “mortgage prisoners” or “trapped” by Negative Equity, there are definitely options to be…

Read More
Call Now ButtonCall Us: 0330 124 1230