Posts Tagged ‘finance’

£65,000 Saving & Home Protected

£65,000 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 sale however the lender in…

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Don’t let your PRIDE get in the way of your FUTURE!

Pride

The word bankruptcy tends to fill most people with feelings of dread. It’s hard to deny the fact that the word has typically negative connotations and is usually associated with financial chaos and the diminishing reputations of those associated with it. But don’t let your PRIDE get in the way of your FUTURE. While people…

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Are you sitting on a mortgage time bomb?

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In this day and age, owning your own property is a luxury that many people will never experience… With rising interest rates and the cost of living and property rising each, many millennials are turning to renting as their only option, when they fly from the safe and secure nest of their home with their…

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What caused the Carillion collapse?

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If you follow the news you’ll probably be aware of the Carillion collapse, which has resulted in the UK’s second-largest construction company buckling, due to a colossal £1.5 million debt pile. Despite numerous discussions taking place between the company, its lenders and the government, nothing could be done to save Carillon, who employ around 20,000…

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Implementing your New Year’s Resolutions

Resolutions

With 2018 in full swing, many of us are focussing on staying on track when it comes to achieving the resolutions that we set for ourselves this year. For a lot of people that means tackling debt that may have crept up to higher levels over the festive period. With presents to buy and more…

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What does the Autumn Budget mean for house prices?

Autumn Budget

What does the Autumn Budget mean for house prices? As soon as the budget is introduced, most people are quick to question how it may affect them, with one of the main areas of concern being house prices. The housing crisis is, of course, something that most of us are affected by, and with Theresa…

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The professions most likely to fall into debt

fall into debt

Anyone, regardless of their job, years of experience, age or financial situation can fall into debt. This can be the result of a whole host of factors such as difficult personal circumstances, business deals gone bad, irresponsible lending on behalf of banks and more. Having said this, not all professions are created equal. The same…

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How you can beat debt

beat debt

How you can beat debt Debt is a problem that affects millions of people all over the world. In the UK specifically, over 8.3 million families are currently living in debt, with this often causing people emotional stress and anxiety as well as financial problems. In Newham, London, more than 20% of the people living…

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Will property costs in the UK continue to rise?

property costs in the uk

Property costs in the UK For many of us, property prices are simply too high. A sizeable majority of us are priced out of living in our capital where, along with higher living costs, you’ll find the average house price to be a whopping £481,556. Perhaps soaring prices are to be expected in Britain’s capital,…

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Finance professional avoids Bankruptcy

Bell and Company recently assisted a professional to avoid Bankruptcy Our client, who happened to be a professional in the field of finance, unfortunately, fell victim to the property crash, which saw them left with a shortfall of over £110,000. They decided to surrender the property back to the lender as arrears and liability continued…

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