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WHO ARE EU PROPERTY SOLUTIONS?
EU Property Solutions are a team of Insolvency and debt consultants who specialise in property associated debt. Essentially we provide tailored pre- insolvency strategies, we will look at your situation and provide options best suited to your desired outcome.
This can involve negotiating with lenders to get a debt writedown on property shortfalls, fighting to claim a deposit back on property that was not completed and or helping to sell a property in negative equity to minimise exposure before a sale.
Whatever plan is put in place you can be sure that your best interests are protected and that you have market leading advice to help you move forward in the best way for you and your family.
EU Property Solutions are one of the very few companies who specialise in this niche area and pride we ourselves on our strong network, expertise, and client focused approach. We are UK based with offices in Leeds , Belfast, and Spain and have many happy clients whom will testify to our good work and name.
OUR TEAM OF DEDICATED PROFESSIONALS ENCOMPASS
A RANGE OF BACKGROUNDS INCLUDING:
Our specialised team are like no other and have been specifically developed to beexperts in the field of Insolvency and Debt negotiations.
We pride ourselves on the excellent relationships we build with all stakeholders. The professional service provided to everyone that walks through our door is, without a doubt, the best available.
We work with all financial institutions in a way that looks to positively resolve the situation for our Client and this is in turn invariably is the best outcome for lenders and creditors.
A regular phrase EU Property Solutions hear in our work is that individuals refer to themselves as “mortgage prisoners”. They believe that as they have negative equity they have no option but to continue to pay the property mortgage and continue property ownership. Believing that selling in negative equity is not an option. EU Property…Read More
EU Property Solutions specialize in Spanish Property Debt issues and following recent observations we have identified three separate property markets in the country. Small level local property market. This market revolves around Spanish communities and towns you would consider being home for local Spanish citizens. This market is separate to the market EU Property Solutions…Read More
It may appear we are ‘raking over old coals’, but never has this subject of Unfinished Developments in Spain been more relevant especially now as the deadline for submitting claims is rapidly approaching. There are many horror stories of people committing to buying off plan Spanish developments. Fast forward, these developments now remain, too unprofitable…Read More
“What is negative equity?” Do you ever ask yourself-What exactly is Negative Equity and what does this mean for my home abroad? This is completely understandable; we hear these questions frequently from concerned clients. Almost 12 years ago pre 2007 crash, many people purchased property in Spain and across Europe at the height of an…Read More
10-year interest-only mortgages to come to an end this year for properties purchased in the peak of 2007 in Spain. Spain’s collapsing prices over the years have left homeowners with numerous arrears. With the breakdown of Spain’s property market in 2007, it has been evident that Spain’s national average house prices rose by thousands of…Read More
We are fast approaching peak holiday season and with School Summer Holidays close by, overseas property investors can expect to cash in on excellent rentals during this period. But are you ready for when the holiday season ends? It can be easy for your mortgage to become unaffordable when rentals die down after the summer…Read More
We were approached by a gentleman with two property shortfalls in Portugal. Our client purchased the properties in the Algarve in 2008 with promised rental yields. These yields did not materialise and our client was having to find funds to top up the mortgage payments. This was clearly unsustainable and our client fell into arrears.…Read More
Many owners of negative equity or unaffordable property in Spain who contact us advise that they simply handed back the keys to their overseas lender and walked away after the market collapsed. A significant majority believe this ended their overseas property ownership and debt – this is incorrect. As wronged as many feel they have…Read More
A retired couple from Nottinghamshire approached us with their holiday apartment in San Luis Sabinillas, near Duquesa on the Costa del Sol. They had a mortgage outstanding of €170,000, with the property being valued at €159,000. The monthly cost was €90 – but the issue here was this product was sold on an interest only…Read More
A married couple from Hertfordshire approached us with their holiday villa in La Cala Golf & Country Club. They had an outstanding mortgage of €678,000 with Banco Sabadell. The property was valued at €599,000 and the couple found it very hard to find buyers due to the uncertainty that Brexit has brought, coupled with Spanish…Read More