Posts by EU Property

RECLAIM IN SPAIN – YOUR LOST DEPOSIT

EU Property Solutions consistently have enquiries from clients with horror stories about lost deposits paid on developing dream homes in Spain that never materialised. An area of major concern has been the Costa Del Sol, where during the property boom between 2004-2007 off plan developments were abundant. HAVE YOU BEEN AFFECTED? If you lost money…

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DEBT WRITE OFF & UK ASSETS PROTECTED

We were contacted by a mature couple regarding a property in the well-known area of Playa Vera. This had been a holiday getaway home for them however it began to cause them undue stress and worry when the mortgage repayments increased to £700 per month. They were unable to continue with these repayments and felt…

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La Cala – 100% Debt write off

We were contacted by a couple who owned a property in the picturesque area of La Cala. They had advised us that the mortgage repayments had increased dramatically, and they were no longer able to keep up with these due to several financial pressures and the hike in repayments. To make matters worse, the outstanding…

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COMPLETE DEBT WRITE OFF FOR ELDERLY COUPLE

We were contacted by an elderly couple regarding a property in the popular area of Duquesa Village in the Costa Del Sol. This had been their dream holiday home however it started to cause them considerable stress when they began suffering with age related illnesses and found themselves in financial difficulty. With all the adding…

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Negative Equity are you feeling the heat?

  EU Property Solutions are aware of many developments on the Costa Del Sol that are in Negative Equity or have issues In regard to selling property. The Spanish property market suffered severely following the global financial crisis of 2008 with property values dropping significantly. This has become a major issue for foreign investors who…

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Your Foreign Mortgage: What Happens If You Don’t Pay?

  If you don’t pay your mortgage overseas it is likely to have the same consequences as if you didn’t pay your mortgage in your home country. Some with mortgage debt in Europe hope that it will not follow them to the UK or Ireland. However, this is incorrect, and the foreign lender can legally…

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Importance of Professional Advice

  With official figures released last year, millions are due to be paid out in Deposit reclaims. Since the news of this development circulated many ‘cowboy’ companies jumped on the proverbial bandwagon in an attempt to cash in. Offering supposedly expert advice and services in reclaiming lost deposits, many of those who were victims of…

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Spanish economy on the up, but what about the victims of the bust?

  With recent news reports claiming that the Spanish economy is expanding and rebalancing since the 2008 banking crisis the question of, what happened to those affected, comes to the fore. According to the Financial Times, the boom that preceded the bust ‘coincided with the arrival of millions of migrants from Latin America, eastern Europe…

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BECOME AN INTRODUCER

BECOME AN INTRODUCER

At EU Property Solutions we understand how important it is to associate yourself with the right individuals in business. This is why we continually refer to our growing network of introducers, particularly those in Spain, Cyprus, and Portugal, as well as those long established in the UK. Typically, our best pre-qualified clients come directly from introducers.…

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