Negative Equity UK Reviews

Name: Negative Equity UK
Address: Unit 2, Channel Wharf, 21 Old Channel Road,, Belfast, Antrim
Rating: 4.93

4.9 Rating 210 Reviews

100 %

of reviewers recommend Negative Equity UK

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4.9

Based on 210 reviews

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Phone:

0161 660 4403

Location:

Unit 2, Channel Wharf, 21 Old Channel Road,,
Belfast
Antrim
BT3 9DE

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Anonymous

Anonymous // 01/01/2019

Sort by: Most Recent Most Recent Highest Rated Filter: None None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful

“We got caught with buying property at the height of the boom, had an interest only mortgage and were in serious negative equity. It was difficult to see a way out of it until we came across Negative Equity online. From reading the reviews we thought they might be able to help. From the first meeting with Tom where he explained the process to us , our minds were put at ease. John and Dale handled our case. They were professional, approachable and kept us informed at each step of the process. They managed to get our lender to write off just over 80% of our debt and the whole process took approximately 14 months. For anyone facing similar issues we would highly recommend this company. Thank you to everyone at Negative Equity for all they did for us”

Helpful Report

Posted 6 years ago

“101731 I have been dealing with Tom and some of the staff here for a while now. Most recently I have been dealing with Dale who has closed off my settlement just this week with a satisfactory outcome saving me around 70 percent. I would like to say that this was a job well done and everyone here has been more than helpful, polite and professional and I wish them all the best for the future and highly recommend them for all financial advice.”

Helpful Report

Posted 6 years ago

“I had major issues with another firm whilst looking to enter into an Iva to deal with negative equity from my ex-matrimonial home and also deal with my other debts. After getting nowhere in 3 months with the other firm I was recommended to contact Mark at CD Fairfield by a friend after I told him my issues. A few phone calls, sent in my documents and 4 weeks later my Iva was approved. No stress, no issues, everything explained and it went exactly as I was told it was going to. Absolutely outstanding speed and service and I can put those 3 months of being in limbo behind me. I cannot thank Mark and his team enough. I would also say if you are reading this and looking to enter into an Iva then you would be unwise to go elsewhere as I initially did and I was treated terribly by the first company but I am so grateful I contacted Mark and CD Fairfield in the end.”

Helpful Report

Posted 6 years ago

“Like many many many others I got caught out with buying property at the height of the boom and ended up with nothing but negative equity instead of profitable investments. I thought I had my own plan to beg, borrow and steal to sort it out, but this was never going to happen and I supose I knew it. I did some googling to see what other options were available and came across CD Fairfield. I made contact, organised a meeting, met with Mark, started an IVA process, waited about 4 months, and now I am debt free! Just over £102,000 of debt settled for £10,000. Honestly...... at the initial meeting I thought how can this work?, it's too good to be true (and actually asked Mark this question about 100 times) surley it can't be! Well, after 4 months of a very quick, smooth and professional service I am totally debt free and can actually plan for the future and not worry about where I'm going to find £1000's of pounds to clear debts. Thank you CD Fairfield and especially thank you Mark. Highly recommend contacting them if your in the same boat I WAS in before now being safely on shore!”

Helpful Report

Posted 6 years ago

“Back in 2007 I purchased my first home, a two bedroom terraced house, for £225,000 just before the global financial crisis. Within a year of buying it, with a 90% interest only mortgage, its value had dropped to £90,000. At that point I was in a relationship with my now husband and wasn't immediately concerned as we were happy in the house and had no desire to move anytime soon. Fast forward 9 years and three children later and we had outgrown the house but felt that we were trapped there because of the huge amount of negative equity in the property. At this point in 2016 the property was worth £110,000. I had initially seen an advert in a local magazine for Negative Equity NI and was intrigued and a little skeptical as to how they managed to right off so much property debt for their customers. I contacted them and my husband and I had an initial meeting with Tom who outlined how the process worked and put us at ease. Following the meeting we took a while to think things over before contacting them again as it all just seemed too good to be true. A few months later we decided to go ahead with the £300 case review. Initially it looked as though I should proceed with an IVA. However part way though the process it was decided that a negotiated settlement was a better solution for me. It took a long time for me to decide whether to go down this route and I had all but decided to rent out the house when Tom spoke to me again and convinced me that a negotiated settlement was the way to go. At this point my family were also moving into a new home that suited our needs much better. It was a big weight off my mind to know that I could stop paying the mortgage by voluntarily surrendering the property to the mortgage company. I made my last payment in January 2018 and the house was sold in August 2018. The total debt owed was £98,000. At that time Heather looked after my case. Initially contact was good but there were periods of months where I received no updates and wondered if my case was ever going to be resolved. In the last parts of the negotiation John was appointed to look after my case and he really kept me up to date on a regular basis about what was happening. I'm pleased to say that my case was resolved in October 2019 for £20,000 which I am relieved about. At times the process seemed arduous but I'm so happy that I stuck with it and got a good result. I would highly recommend using this company to anyone who is in a similar predicament.”

Helpful Report

Posted 6 years ago

“Everything was great at the start when I contacted them late 2017 but from here all stages seemed to drag out and take forever and my case which we thought and were advised would be done in approximately a year took almost two years to get resolved. At times last year in 2018 when the house was being disposed of it I felt like I was doing all the chasing after them, and found it hard to get to speak to my case manager who also wouldn’t even take my call!! However after waiting 9 months with nothing being resolved my negative equity from the house sale settled very quickly over the last few months and for even less than I had expected it to. It has made a massive difference to our lives in the end and they delivered exactly what they said they would although it took longer than expected. Many thanks to Tom for his help at the start and Mark and John at the end for being brilliant. SM”

Helpful Report

Posted 6 years ago

“Myself and my wife requested a meeting with Negative Equity on the recommendation of a friend who like ourselves had an interest only mortgage that was going round in circles, but really going nowhere. We were pleased that Tom the business principal took such a genuine interest in our case, and in particular the counsel he offered us, as well as a route map for solving our financial problems and negative mortgage situation in particular. I seriously cannot recommend Fairfield Capital highly enough. Francis & Bridget, County Antrim.”

Helpful Report

Posted 6 years ago

“I got in touch with CD Fairfield Capital initially to help with negative equity I had on a property I had purchased at the hight of the property boom. Like many others this was a bad purchase never going to get any better. Throughout the process it turned out that an IVA would be the best option. Mark was my point of contact who made things seem so simple.......and they actually were!! Excellent advice and communication along what was a very short process - I'm now financially far better off than I was 2 months ago, able to plan for the future. Cant recommend CD Fairfield Capital and Mark highly enough. Thanks”

Helpful Report

Posted 6 years ago

“I spoke with Negative Equity UK a year ago having been in an Interest Only mortgage with my home. I had needed to move location for work & did not want to rent out my home as the thought of becoming a Landlord was not for me. One year on & my problem is fully resolved. Thanks to Tom & the case managers for taking the burden off my shoulders and giving me a fantastic result and clarity on how to move forward. Highly recommended!!”

Helpful Report

Posted 6 years ago

“First class service. So happy. Two really bad mortgages dealt with. I had two rental properties causing major headaches... negative equity + interest only mortgages. I was losing money on both. Now they're gone and the guys got me a very fair deal to settle with both lenders. I'd put this off for years becuase I was worried about my other 5 properties. I needn't have worried, I've still got them and nothing else has changed for me other than getting rid of the problem debt. This took a while to sort out but I've calculated I'm about £65,000 better off overall.”

Helpful Report

Posted 6 years ago

“A really great company. I didn't understand why the lender would take such a small settlement but it worked. Took 9 months. House sold £83,000, £47,500 of negative equity. Lender settled for £14,300 payable over 5 years. Great job. Should have done this 5 years ago.”

Helpful Report

Posted 6 years ago

“AKA C. D. Fairfield Capital in Belfast. They have arranged an IVA which means once I pay about 14p on the pound, on all my unsecured debts and it will be finished. It is such a relief to get a new start and this debt nightmare behind me, and I recommend them wholeheartedly (also can help with negative equity etc.) to anyone in a similar position.”

Helpful Report

Posted 6 years ago

“Delivered exactly as they promised. Only major issue was I had to keep chasing for updates constantly throughout the process they never were forthcoming with updates themselves and the case took longer to complete than I hoped at almost 2 years but that was due to situations beyond their control. Near the end of the case the gentleman who concluded it was excellent and such a fountain of knowledge and I am now debt free. Overall very happy with the outcome just would have preferred more contact during the process itself”

Helpful Report

Posted 6 years ago

“I highly recommend this company. We were told exactly what would happen and there was guidance every step. Once the initial paperwork was completed we didn't need to do anything.”

Helpful Report

Posted 7 years ago

“I found they gave a helpful service,helped keep stress levels down and understanding of our situation.would recommend them for people in hard financial situation with their homes.”

Helpful Report

Posted 7 years ago

“Negative Equity NI were like a port in a storm when we were struggling with financial issues and our home was under threat. Special thanks to Heather and Leslie who negotiated on our behalf and achieved a compromise settlement that we could actually manage and which allowed us to keep the house. Above and beyond that, they took the bewilderment and fear out of the whole situation. They explained everything and took us step by step through what would have been a terrifying process otherwise. I am certain we would never have reached the settlement we did without their representation and advice. and I would highly recommend seeking their support if you are in a crisis and not sure where to turn. Their expertise, as well as their kindness and empathy, were very much appreciated. Thanks you.”

Helpful Report

Posted 7 years ago

“would highly recommended Negative Equity as I was in an interest only mortgage and was getting nowhere as mortgage company didn’t really give me much feedback as what to do saw Negative Equity advertise in a local paper,so decided give it a go so I had an appointment with Natasha who was fantastic from start to finish she was fantastic explained every detail she did all the paper work I only really had to answer few questions on my 4 appointments.At the end of our appointments I left feeling secured and happy and sorted so highly recommend to anyone and Thankyou to Natasha for everything you did for me”

Helpful Report

Posted 7 years ago

“We were in negative equity with our home and our mortgage company would do nothing to help.We got in touch with negative equity ni and made an appointment to see them.From the very start they could not have been more helpful .They laid out all our options and explained what they could do for us and the total cost.From the time we signed up the letters and phone calls we had been getting from our mortgage company stoped and this was a problem we no longer had.Although it has taken some time our problem is now sorted and we have had an agreement made with our mortgage company which will save us a great deal of money and finely give us peace of mind.This would have been a 5 star review except for the fact that during their move of premeces we were not kept informed of progress on our case.The staff are great and always helpful and we would recommend anyone in negative equity to seek their help as soon as possible. Christopher Wright (Mr)”

Helpful Report

Posted 7 years ago

“In 2008 I purchased my own apartment with a help to buy scheme on an interest only mortgage, with a view to changing over to a repayment mortgage in the future. One year later I met my husband and step children and we found we had quickly outgrown the apartment. We had the property valued and were devasted to find that the property value had dropped dramatically and were unable to sell it. We decided to rent out the apartment so our family were more adequately housed, however this did not solve the problem of how we were going to re-pay the mortgage by which time the property price had dropped again. In 2017 I stumbled across an advert on the internet for Negative Equity UK and was intrigued to know how they could help us. We contacted them and made a decision to go ahead with this process. We were allocated a Case Manager, Natasha who was very thorough and attentive. She kept us informed and worked hard through out the process. We have now completed the process 19 months on and are happy to say that Negative Equity UK have managed to settle our case and write off £33,400 with a settlement figure of £5,400. Towards the end of this process our financial circumstances changed when my husband's hours were cut so finding out that our mortgage company had accepted a settlement payment was the best news possible. We can't thank Natasha and Heather enough for getting a positive result. We could not have done this alone by ourselves without professional advice and knowledge. We would definitely recommend this service to anyone else that was in our position, but please note that it can be very stressful at times.”

Helpful Report

Posted 7 years ago

“We would have been lost without Natasha. She was very professional, courteous and respectful at all times, taking away any fears and doubts, she guided us through a difficult debt negotiation Natasha was our personal client officer and was always ready to assist, keeping us well updated with what was happening and what we had to do next. She made us feel so at ease we could not have had anyone better helping us get the great result we needed. Thank you to Natasha for everything you done for us and we would highly recommend this company.”

Helpful Report

Posted 7 years ago

Negative Equity UK is rated 4.9 based on 210 reviews