Dealing with foreign property debt has never been easier.
From Negative Equity and Interest-Only mortgage issues to Swiss Franc problems, EU Property Solutions are here to help.
Ready for a long-term solution?
Let’s get startedWe’re proud to be 5-Star Rated
£17+ Million Saved
We’ve saved our clients £17+ million to date. Read Testimonials
How can we help with foreign property debt?
We have been providing much-needed specialist advice on foreign property debt for well over a decade. Whether in a tourist hotspot or, a quiet corner of Europe, we have secured deals to relieve the burden of property debt across the world.
Click below to find out more about how we can help you, or get in contact to speak to one of our specialists today.
Property debt issues in Spain
A combination of reckless practices and widespread mis-selling has left Spain with one of the highest levels of property debt in Europe. Whether you are stressed by negative equity or worried about an interest-only mortgage, we can provide the solutions you need.
Negative Equity: Property Value Less Than Mortgage
Negative equity is the most common form of property debt however, this does not make it any easier to deal with.
Interest Only Mortgages
Interest-only mortgages were endemic in Spain before the financial crisis, often pushed as a more affordable and attractive alternative to a traditional mortgage.
Struggling To Sell Your Foreign Property
The property market can be uncertain at the best of times. As a result of this, thousands of homeowners in Spain deal with negative equity.
Consequences of Repossession
Property repossession was and still is commonplace in Spain. Lenders will often resort to repossession if you fail to keep up with your mortgage repayments.
Can’t Afford Your Property
When purchasing a second home or investment property, it is rare that you plan for the ‘worst-case however, it can be easy for your foreign property to become unaffordable.
Received a Letter from a Spanish Bank
Spanish lenders can sometimes be slow to contact you regarding your property debt however, this does not mean that they have forgotten about you.
Loan Sales, Vulture Funds & Third Parties
As Spanish lenders struggle to recover money from borrowers, they are increasingly resorting to loan sales. They sell large quantities of loans to third parties for a very low cost.
Was Your Mortgage Mis- sold?
Prior to the financial crash in 2007/8, lenders gave out mortgages with little to no due diligence and high loan-to-value ratios. This has resulted in a variety of issues.
Property debt issues in Cyprus
Since the last financial crash, Cyprus has been plagued by property debt issues. Swiss Franc mortgages, negative equity and title deed issues are just a few of the most common concerns amongst foreign property homeowners.
Swiss Franc Mortgages
Swiss Franc mortgages were commonplace in Cyprus before the crash. But the financial risk to borrowers from these mortgages was never explained.
Negative Equity: Property Values Less Than Mortgage
Negative Equity is the most common form of property debt. However, that does not make it any less serious.
Title Deed Issues
Cyprus has its fair share of property debt issues that can be difficult to tackle. However, the lack of title deeds across properties in Cyprus often complicates these issues further.
Mortgage Arrears and Repossession
A sudden change in circumstances can make it easy to fall behind on mortgage payments. However, it is much more difficult to catch up on missed payments.
Can’t Afford Your Property?
A small change in circumstances can easily turn a dream holiday home into an unaffordable nightmare. This can happen quickly and leave you feeling like you have no options available.
Mortgage Sold to a Third Party
Failure to pay your mortgage can lead to it being sold to a vulture fund or passed to a debt collection agency. These companies are agressive and can make your life a misery.
Cypriot Legal Action
If you have failed to pay your mortgage or walked away from a property it may feel like you can forget about it. What is certain is that your lender will not have.
How we’ve helped… in numbers
At EU Property Solutions, we help UK residents effectively manage and resolve their foreign property debts, guiding them towards financial stability with proven results.
Ready for a solution?
Let’s get started
We have a 100% success rate on all cases
We only take on cases we are going to win, ensuring exceptional outcomes for you.
Over £17 Million Pounds saved so far
We have worked hard for almost two decades to achieve record savings for our clients.
We’ve successfully resolved cases in 12 countries and counting
We have worked across 12 different countries & we’re open to tackling cases across almost any country worldwide
Over 220 cases successfully settled
We have successfully resolved every case we’ve undertaken across 12 countries.
Making us feel that we had control
“They were able to write off over €150,000 with a minuscule settlement amount. I cannot describe my relief when I got the news. I am more than pleased with the results and their service throughout and would implore anyone in the same position to give them a call.”
Ready for a foreign property debt solution?
If you are worried about a foreign property debt, contact us today to receive your free consultation.
Free consultation
Let’s get startedThe latest from EU Property Solutions
Received a letter from Diglo?
Foreign Property Debt: FAQs
Received an EOS Debt Collection Letter or Email?
Speak to us today
Every property debt issue is different, and so is the solution. The best way to find out how we can help is to contact us and speak to a property debt specialist today.
We try to respond to all requests within 1 working day.
