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We, at GDP Equity Experts, would once again like to share with you another debt related matter that was successfully resolved this week. We are absolutely delighted at this outcome as this has lifted a massive weight off our client's shoulders and has enabled them now to move on with their lives.
Read MoreIt has recently been reported in the media that Ulster Bank have sold more than 5,000 property loans to a Private Equity firm Cerberus for a value of €1.4 billion. This sale has now brought the amount of Irish loans that have changed hands in just over two weeks to almost €5 billion, an incredible sum of money.
Read MoreWe, at GDP Equity Experts, would once again like to share with you another debt related matter that was successfully resolved this week. We are absolutely delighted at this outcome as this has lifted a massive weight off our client's shoulders and has enabled them now to move on with their lives.
Read MoreIt has recently been reported in the media that The Bank of England will increase interest rates in August 2018. With this increase just around the corner, are you fully prepared to deal with such a rise?
Read MoreIt has recently been reported in the media that Ulster Bank will be refunding approximately €36 million to almost 18,000 business accounts who were affected by overcharging as far back as 2012. On average, each customer who will be refunded will receive approximately €2,000.
As well as Ulster Bank, all other Irish banks were instructed to examine their business structures as part of the Central Bank’s tracker mortgage scandal investigation.
Read MoreWe, at GDP Equity Experts, would like to share with you another debt related matter that was successfully resolved this week. We are absolutely delighted at this outcome as this has lifted a massive weight off our client's shoulders and has enabled them now to move on with their lives.
Read MoreIt was recently been reported in the media that Permanent TSB now have a strong investor interest in their Project Glas which is a very controversial portfolio of debt secured against 11,200 homes. At the same time, AIB, have confirmed that a consortium led by US distressed-debt firm Cerberus had agreed to acquire €1.1 billion of bad loans. In addition to this, the former Bank of Scotland (Ireland) is selling €5 billion of residential and buy-to-let mortgages, in a move estimated to affect more than 20,000 homeowners.
Read MoreIt has recently been reported that many thousands of households across both the U.K and Ireland have no strategy for paying off their Capital at the end of an interest-only mortgage term and risk losing their homes.
The Financial Conduct Authority has stated that borrowers are ignoring this mortgage time bomb.
We are once again reinforcing the very important message that regular engagement with your lender is essential and having a strategy in place to pay off that final bill is a must.
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