Property Debt IVA

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 £70 million for UK home owners.

Property Debt IVA

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 £70 million for UK home owners.

Property Debt IVA

We recognise that many of our clients have negative equity plus other debts, possibly credit cards and loans that are problematic or maybe negative equity with different lenders across various properties. Balancing payments every month can be extremely stressful. If you have 3 debts or more including negative equity you may qualify for an Individual Voluntary Arrangement (IVA).

Here the negative equity problem property is sold, and all remaining debt included into a single settlement that can be paid as lump sum or 5-6 year payment plan, depending on affordability. Example:

Problem:

One Property with £50,000 of negative equity

Outstanding Credit cards with £11,000 balance

Outstanding loan with £9,000 balance

Total Debt – £70,000

Solution:

The property is sold and the remaining debt (negative equity) addressed via affordable settlement eg £15,000 payable over 5 years at £250 per month. This settles all debts leading to a debt write-off of £55,000.

We specialise in negotiating with lenders regarding both the sale of negative equity properties and settlement for the remaining debt taking away your worry and stress of having to deal with lenders, tenants, valuers and estate agents.

See what our clients have to say: https://bit.ly/2USo4VO then call is on 0161 660 4403 or fill in the form to discuss how we can help you.

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