The Widest range of Negative Equity Solutions
Negative Equity UK are currently the only company that is authorised and regulated by the FCA to advise on all property debt options which include:
- Mortgage shortfall settlement solution
- Individual Voluntary Arrangement
- Mortgage re-negotiation
- Mortgage re-broking
- Mis-selling Case
Need to move; sell –
Maybe it’s for a practical reason like you’ve outgrown your home, maybe in a rental property that is losing money or the mortgage term is running out. Our clients always have a legitimate reason for needing to deal with the negative equity mortgage. And this is how we can help:
Negative Equity UK negotiate with all UK lenders on your behalf, putting your story forward in a compelling way to secure a sale of your property and address any left-over debt (negative equity). There are a number of ways this can be done but the principles are; the reasons must be genuine, the repayment/settlement must be affordable. With this type of negotiation we’ve already achieved over £126,000,000 of unaffordable debt written off for our clients.
Don’t want to move. Worried about repaying the mortgage in full –
We’ve spoken to 1000s of people who have an interest only mortgage on their home, are in negative equity and are really worried about being able to repay the debt. Unfortunately, banks don’t write off debt in this situation however we’ve successfully negotiated new deals with lenders, often reducing the interest rate, converting some or all of the mortgage onto repayment, and amending the term to fit our clients’ affordability.
With either of the above situations the first step is a “Case Review”. Here we look into your mortgage, complete affordability checks, and look at how best you can present yourself to your lender should you choose to do so. We’ll recommend the best way of dealing with the problem based on your individual circumstances.
After the case review has been carried out you will receive a list of our recommended options specific to you. In some cases, a mortgage was mis-sold and our clients’ are entitled to redress (compensation); we’ll refer you to the appropriate solicitor to process this type of claim if applicable.
What protection will you have if you use Negative Equity UK?
FCA Authorisation enables Negative Equity UK (CD Fairfield Capital) to advice and represent clients with property debt issues but it also prevents them from recommending a course of action that is not in the client’s best interest. All advice is open to scrutiny and redress via the Financial Ombudsman Service.