The problems people are facing with Negative Equity in Northern Ireland
We achieved an average mortgage write off of 77% for our clients in 2018.
Our service is 100% confidential, regulated and authorised by the FCA.
Since 2013 we have achieved a successful write off for 96.6% of our clients.
We have secured debt write offs worth over £37 million for NI home owners.
A mortgage is a loan, enabling the purchase of a home dependent on its market value at the time of borrowing. The value of the property determines the amount which is borrowed.
And therein lies the potential problem, because, what happens if the market value of the property in question drops below the amount borrowed and outstanding?
When that occurs, the borrower is in negative equity.
Negative Equity NI
| How Can We Help
Our experienced, multi-skilled staff consisting of Chartered Accountants, Insolvency Practitioners and banking professionals are experts in the broadest possible range of tried and trusted debt solutions. These range from bespoke informal settlements, Individual Voluntary Arrangements (IVAs) through to improved re-negotiation of existing agreements and mis-selling claims.
Using our impressive armoury of solutions, in tandem with superb relationships developed over many years with the vast majority of UK lenders, we have achieved over £40M of debt write-off across the past 3 years. Our average write-off, across all clients, is an impressive £74,546.
| The Service You Expect
Not only do you get complete access to this unrivalled experience and expertise, but you also have the comfort of knowing you are working with an organisation authorised and regulated by the Financial Conduct Authority (FCA) – FCA number 688199.
Our main objective is to help you move forward from your current position, which is probably a mix of anxiety, confusion, stress and frustration, to one where these financial difficulties have been resolved/significantly improved, allowing you and your family to plan confidently, positively and happily for the future.