Our Consultants will provide you with all of the information and assistance you need to begin the process to take back control of your property and finances.
Negative Equity Help
Knowing the value of your home or investment property is less that the amount of debt owed can be stressful and many people don't know where to turn.
Your home and property is likely to be the biggest investment you will ever make. We take pride in our homes and can easily become emotionally attached making it difficult to make clear and positive financial decisions surrounding it.
Some people try to struggle on and reduce their outstanding mortgage. This may be the answer for some, but before doing this you should consider your long term affordability and whether any drop in future property markets will potentially wipe out the additional payments you have made.
You should consider too, what financial impact and sacrifices you may have to make to maintain over payment on your mortgage and the long term benefits.
The good news is if you are in negative equity you do have options. Our Consultants have considerable experience in successfully mediating with lenders allowing clients to:
retain their property
sell their property
voluntary surrender their property
reach an agreed reduced settlement regards the mortgage liability.