Archive for February 2017

Property Market Rise but so is Household Debt

UK Property Market Across the UK house prices are slowly starting to rise, with average increasing by 8.4% in the in 12 months up to last August.  The main contribution is mainly from England where the increase is 9.2%.  But what is noticeable is that the regions which backed Brexit most strongly have seen the…

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Personal Guarantee Exposure – Savings of £300k

Building Industry Client with Personal Guarantee Exposure Clients, operating within the Building Industry, instructed Bell & Company regarding their Personal Guarantee Exposure of £350,000 At the time of instruction, the health of our Clients’ and their partners had been materially affected with quite serious consequences and so the case was sensitive as a result The subject Bank…

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AIB Loan Sale: €1.8bn Purge to Vulture Funds

AIB Plans €1.8bn in Loan Sale to Cerberus and other Vulture Funds The Irish Times recently reported that the private equity firm Cerberus, ironically named after the mythical three-headed dog guarding the gates of Hades, is moving forward in potentially purchasing some of AIB’s loan book. AIB is planning a purge of its non-performing €1.8 billion loan…

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