Posts Tagged ‘property debt’
The Benefits of Debt Strategists
WHAT ARE DEBT STRATEGISTS Debt strategist might sound like the job title of the bulge-bracket merchant banker in the Square Mile – but that’s not right. A good debt strategist is the vital problem solver every entrepreneur should have in their contact book. But whether it is business collapse with a personal guarantee attached or…
Read MoreDon’t let your PRIDE get in the way of your FUTURE!
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…
Read MoreDebt Strategy experts Bell & Company weigh in on the insolvency figures from 2017 and consider what 2018 may have in store.
With the New Year just starting, Bell & Company, are keen to decipher the insolvency figures from 2017, and consider what they may mean for 2018. According to statistics released by The Insolvency Service, an estimated 4,152 companies entered insolvency during the third quarter of 2017. While this number may seem significant, this number has actually…
Read MoreHow you can 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…
Read MoreWill property costs in the UK continue to rise?
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,…
Read MoreFirst-time investor left with large shortfall
Bell & Company were contacted by a gentleman who had been left in negative equity on his home. This was the gentleman’s first time investing in property, and unfortunately, just took out a mortgage at simply the wrong time, and had the possibility of insolvency looming over him. At Bell and Company, over our years…
Read More'Buy-to-Let' property stress
Bell & Company finalise successful negotiations on a buy-to-let property. An older couple based in England approached our company regarding a property they had bought to rent as a holiday home in the south of the country. The lender was known to be notoriously difficult to deal with, so this was an ongoing battle between the…
Read MoreThe debt hotspots of the UK
Debt hotspots Debt is a problem that’s plaguing the whole of the UK. In fact, household debt across the country has increased by 7% in the last five years alone. New figures suggest that half of British adults could be financially vulnerable. Not all areas of the UK are equal in their debt problems, however.…
Read MoreA couple helped out of huge shortfall after their separation
A former couple had been under the weight of a huge shortfall of over £105,000. They were both trying to move on with their individual lives, but, this lender, in particular, remained unsympathetic to their situation. After a number of weeks negotiating, the lender placed the file on hold for a year, hoping for a…
Read MoreEnglish 'buy to let' case settled within 5 months
A young man based in England approached our company regarding an unsustainable ‘buy to let’ property he owned. After weighing up his options, he decided after much deliberation to surrender the property back to the lender. Thankfully the property sold quickly and left a shortfall of just over £30,000. This shortfall is deemed as a…
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