Archive for March 2018

Honesty and Transparency – The Key to Success

From the outset when speaking to potential clients we ask for honesty and transparency regarding the case and your circumstances. EU Property Solutions have harnessed years of experience working in property debt negotiations to understand what will ultimately make up a successful case. It is essential that EU Property Solutions have your full financial picture…

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Cyprus – Our experience to date

EU Property Solutions to date have saved clients thousands by completing cases where borrowers were suffering from negative equity issues in Cyprus. We wanted to share our experiences to date and some of the settlements we have achieved on behalf of our clients. What is the situation? The majority of the time, Cypriot property debt…

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Overseas Property Debt – The do’s and don’ts

EU Property Solutions understand the correct way to deal with overseas creditors. Unfortunately we hear many stories of borrowers acting in a way to jeopardise potential settlements and their home assets or income. Below we discuss the correct and incorrect ways to deal with overseas debt. What to do: – Liaise amicably with your lender.…

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EU Property Solutions tackle another problematic Cypriot property

A gentleman approached EU Property Solutions with a problematic Cypriot property. It was a typical mortgage sold in Cyprus during the boom and the currency was the ever problematic Swiss Francs. Swiss franc mortgages were sold based on the exchange rate at the time which included a variable interest rate. Major issues experienced by clients…

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Problem property in Guadalupe Hills development

Two gentlemen approached EU Property Solutions with a problem property in the Guadalupe Hills development near La Duquesa. The property had a mortgage outstanding of €120,000 and a value of just €50,000. The main issue was the long-term tenant was leaving the property and given its value, the was becoming a significant headache. One gentleman…

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Savings in excess of £50,000 on Spanish property

A gentleman from the Republic of Ireland had a mortgage on a Spanish property for €286,000. The lender in question is a Spanish bank. The property was located in La Linea very close to Gibraltar on the Costa Del Sol. The lender in question we know to be notoriously difficult to deal with, and unfortunately…

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Divorce and Overseas Property Debt

EU Property Solutions have assisted borrowers in the past who are going through a divorce or separated settle their overseas debt in an amicable fashion. We understand it is a difficult and emotional time for all involved, nonetheless civility and working together can bring excellent results. The problem A common occurrence in these types of cases…

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