Posts Tagged ‘property’

The Positives of Bankruptcy

The Positives of Bankruptcy

The Positives of Bankruptcy 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. While people tend to only focus on the negative aspects…

Read More

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,…

Read More

Despite difficult lender, a 10% settlement can be achieved

A settlement of 10% can still be achieved, even when faced with a difficult lender A couple with a large shortfall of over £120,000 with a notoriously difficult lender approached us for help. While we had overseen the sale of the property and had been attempting to negotiate with the lender for quite some time,…

Read More

Commercial Settlement at 25%

commercial settlement

Commercial Settlement at 25% A client approached Bell & Company via a recommendation from a previous happy client. The case was complex due to the fact the client had a significant income and equity in their home. The client had a commercial loan with a major lending institution over which the bank held a charge…

Read More

Brexit to potentially delay Bank Loan Sales

brexit

In recent times, we have been approached by various individuals, businesses and professionals, all of whom have received letters from their primary lender essentially providing them with them with three options as follows: (a) Pay now in full (b) Re-finance and pay in full (c) Failing the above, we will sell to a third party fund…

Read More

Bankruptcy- What can happen?

Bankruptcy

Bankruptcy, the “B” word, is feared by many and has negative connotations associated with it. Sadly, we see many Creditors petitions in Court for borrowers being made Bankrupt by their Lender. Perhaps the stigma surrounding Bankruptcy has been reduced since 2008 due to the increase in numbers filing for Bankruptcy but it is still something…

Read More

Could I lose my home?

home

One thing we understand entirely is that home is sacrosanct to most people thus it is imperative that the situation in home is investigated first and foremost. In many instances, a Borrower/Guarantor’s home will be mortgaged with another lending institution and, as a result of the property crash, there will very rarely be equity in…

Read More

LONDON – IS THE BUBBLE BURSTING?

london property

Bell & Company have previously written posts on the potential property bubble developing in London and the South East of England. In the last week there have been murmurs in the financial press that the bubble could indeed be bursting. London, once deemed one of the most secure property investments, is now looking shaky. A…

Read More