If you need to move/sell your property and negative equity has been a stumbling block, what are your options?
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 UK home owners.
Selling a property in Negative Equity and settling the shortfall has several names, including
“Negotiated Settlement”, “Informal Settlement”, “Debt Write Off”, “Full and Final Settlement”
Negative Equity Options
Where you’ve decided that selling your negative equity property is the best solution then it becomes a negotiation.
Areas for consideration are:
- How the property is to be sold – this is often overlooked and can be a complex process, dependent on lender policy, your financial situation and circumstances.
- The level of debt settlement/reduction and how this is to be repaid.