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NEGATIVE EQUITY ON YOUR OVERSEAS PROPERTY?

We offer a completely free, no obligation initial consultation

ARE YOU SUFFERING AT THE HANDS OF FOREIGN PROPERTY DEBT?

  • Do you want to sell your foreign property but feel trapped by Negative Equity?
  • Are you struggling to pay your mortgage?
  • Did you purchase a holiday home in an unfinished or abandoned development?
  • Are you worried about your debts being pursued in your home country?
  • Has your property been repossessed and are you being chased for debt you cannot afford?
  • Was your foreign property mortgage mis-sold?
  • Are you worried about the implications of BREXIT on your foreign holiday home?

Request a Call Back

Please fill in your details to request a call back from our expert team

Request a Callback

LET US HELP YOU TO MOVE ON WITH YOUR LIFE...

EU Property Solutions always offer any potential client a free initial consultation. This can be done face-to-face in one of our three office locations, via Skype, a conference call or via email. We typically ask for standard financial information when meeting as this allows us to give you the best advice tailored to your circumstances. We are not here to judge, but to assist those who find themselves in difficulty and provide solutions to navigate to better positions. Our fees are always made open and transparent from the outset and there are no hidden fees or costs.

Our team has a fantastic attitude and will take openly and frankly with all our clients with the sole aim of achieving the best possible outcome. Please contact us at EU Property Solutions today and we look forward to meeting you soon.

We offer a completely free, no obligation initial consultation

We have found through experience that a large majority of our clients invested in properties across Europe with specific reference to Spain during the property boom. These clients, like a large proportion of the population now either can no longer service repayments, no longer want the distressed property or like some have been left with a property in an unfinished development but feel trapped due to the burden of the massive Negative Equity- the property is only now worth a small proportion of what was initially paid.

Negative home equity puts the home-owner in a predicament if he or she is looking to sell. Prospective home buyers will only be able to secure a home loan for the current value of the home on the market, not for the amount that is owed by the lender. This limits the potential number of buyers for the property and can mean the buyer is “trapped” in the home if they cannot afford to repay the amount that is left owing.

This is where EU Property Solutions can help. We essentially help the client in Negative Equity to sell their home in Negative and  Provide options and strategies to write off the mortgage or settle the debt for a minimal amount with the lender.

NEGATIVE EQUITY SUCCESSES

DECLINE OF POLARIS WORLD AND COSTA BLANCA GOLF RESORTS – WE PROVIDE SOLUTIONS
September 5, 2018 | 0 Comments

The Costa Blanca has long been a popular hotspot for many people wanting to buy their dream holiday home. Over the years many have followed their dream purchasing either investment properties or as holiday homes for retirement futures. During the Spanish property boom pre-2008, many people purchased properties in this region. Our focus this week…

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RECLAIM IN SPAIN – YOUR LOST DEPOSIT
August 22, 2018 | 0 Comments

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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Negative Equity are you feeling the heat?
August 14, 2018 | 0 Comments

  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?
August 8, 2018 | 0 Comments

  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
August 1, 2018 | 0 Comments

  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?
July 30, 2018 | 0 Comments

  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
July 9, 2018 | 0 Comments

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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Is your foreign property worth it?
July 3, 2018 | 0 Comments

We are fast approaching peak holiday season and with School Summer Holidays drawing near, overseas property investors can expect to cash in on excellent rentals during this period. But are you ready for when the holiday season ends? EU Property Solutions liaise with many borrowers who have lucrative summer income from their overseas property investment…

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Success with problematic Cypriot property and Swiss Franc Mortgage.
June 26, 2018 | 0 Comments

We have negotiated another fantastic settlement for a client with a property in Cyprus and a Swiss Franc mortgage. We have found through experience that Cypriot property can be somewhat problematic to say the least due to issues with ownership and title deeds. According to the Cyprus property action group, “The bulk of the problems…

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Can overseas property debt affect my chances of buying a property back home?
June 21, 2018 | 0 Comments

A frequently asked question we get at EU Property Solutions is whether an overseas property debt issue can affect your ability to buy property in the United Kingdom or your home country. There are circumstances in which it might. The first thing to bear in mind is that it’s always a good idea to cooperate…

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