Property Debt & Mortgage shortfall success stories

Third party debt settled for £11,000

In this instance our client had a longstanding shortfall debt of £36,000. This debt was recently sold to a third party. Our client was worried about the misconceptions of third party debt collection agencies. However, at Bell & Company we regularly deal with third parties such as this one and have a good working relationship…

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£38,000 saving on investment gone wrong

In this situation, our clients had invested in a second property with an interest only mortgage. However, the value of the property drastically declined in a short period of time leaving the couple with a large mortgage in negative equity. Bell & Company were appointed to negotiate the sale and the full and final settlement…

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Negative equity success

Negative equity success

Negative equity success – The client in this situation was an older gentleman. He had several properties in negative equity that were causing him a great deal of stress as he was struggling to maintain payments. He approached Bell & Company in the hope of relieving some of the stress that the situation was causing…

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£85,000 saving for working family

Our clients in this situation were a working family with two young children. They bought several investment properties before the crash,which had subsequently fallen into negative equity. This was a huge financial burden on the family and they were struggling to maintain mortgage payments on all properties. The couple appointed Bell & Company to negotiate…

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Overall savings of £28,000 for family of 5

The case in question was ongoing for several years. Our clients, a family of five, owed in the region of £70,000. The family had fallen on hard times with the breadwinner being made redundant and they were struggling to make payments. Bell & Company entered negotiations with the lender on behalf of the family. The…

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£65,000 Saving & Home Protected

£65,000 Saving and Home Protected

£65,00 saving and home protected Our client, in this case, had been unable to maintain the payments on her mortgage and had developed huge arrears in an extended period of financial difficulty. The property in question was a 2nd property, which was tenanted. Bell & Company upon initial consultation advised the client on a consensual…

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Eviction avoided & £200,000 shortfall settled for 10%

Our clients had found themselves in increasingly distressing circumstances and were due to be evicted from their family home. The bank had given the family 10 days to vacate their home before it was repossessed due to arrears on the mortgage. We have developed a great relationship with this particular lender over our years in…

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Tricky Shortfall of £40,000 settled for £8,000

Tricky Shortfall of £40,000 settled for £8,000

Our client, in this instance, had been with Bell & Company for several years. They had simply invested at the wrong time, just before the property crash of 2008. He owned a problematic buy-to-let property portfolio and had a number of properties now in negative equity. The client’s lender, who are notoriously difficult and reluctant…

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£105,000 saving achieved for family of 4

£105,000 saving achieved for family of 41

When we first were instructed on this client’s case, their family home was up for repossession. This was an extremely vulnerable time for the family unit and they were left with a crystallised shortfall of £115,000. In this instance, the best option for the family was to opt for a consensual sale. When the lender…

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