Spanish Property Debt

By on January 19th, 2016

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Spanish Mortgage

A couple met us under severe stress. They had not paid their Spanish Mortgage for 3 years and the Spanish lender had therefore placed a charge on their home in England. The property was in Negative Equity. We were appointed and dealt with the orderly disposal of the property, the negative equity balance written off, a write off of community fees and IBI taxes resulting in savings of €94,000.

Although excellent savings we also negotiated the charge on the property in England to be removed. We are extremely proud of this case due to the emotion involved for the couple and knowing they can move on debt free.

 

See More about our works across Europe from our sister company  hereEU Property Solutions

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