Spain’s ‘Negative Equity Wall Of Shame’

EU Property Solutions regularly settle cases across the Spanish Costas, and market research has identified over 250 developments where negative equity is still common.

We do have some regular ‘offenders’, however, and the following developments are included in the EU Property Solution’s WALL OF SHAME.

Our legal team in Spain can surrender the property to the Bank and negotiate a full debt write off. We utilise our knowledge of lender processes and the Spanish legal system to achieve these results and our process includes:

  • Protecting our clients UK assets and income
  • Allowing them to avoid Spanish sales costs (8-12% typically)
  • Avoid waiting for them to find a buyer. These are uncertain times and transactions are down Spain
  • Our clients can also stop paying their mortgage during our works

By appointing EU Property Solutions you remove the emotion from the debt situation and they will actively engage with your overseas lender. EU Property Solutions understand and can empathise with your situation and we have the expertise, legal contacts, and knowledge to help end your Negative Equity burden in Spain.

To arrange your free initial consultation please call EU Property Solutions today on +44 (0) 330 124 1230.

* This article has been written by a third party not owned or controlled by Spanish Property Insight (SPI).
SPI disclaims any responsibility or liability related to your access to or use of any third party content.

About EU Property Solutions

EU Property Solutions assist borrowers with overseas property issues across Europe. We specialise in the Spanish Property market solving Negative Equity issues. Our team are experts in assisting overseas borrowers out of Negative Equity and have achieved results with numerous Spanish lenders. We pride ourselves on the relationships we have built with our clients and the institutions we work with thanks to the efforts of our legal team in Spain. EU Property Solutions offer a free initial consultation and tailor our advices to your circumstances. Our UK office base is in Leeds with other locations in Belfast and San Pedro on the Costa del Sol.