Are you watching your property development project spiral out of control? With bridging finance lenders increasingly calling in personal guarantees across the UK, many developers are suddenly facing personal liability for unfinished projects.
When Your Business Debt Becomes Personal
This month alone, we’ve already seen an alarming increase in cases where:
Default interest rates are compounding already unmanageable debt
Bridging loans have expired before projects could complete
Lenders are aggressively enforcing personal guarantees
Business owners are discovering their family homes and personal assets are at risk
The Serious Impact of Enforcement Actions
The consequences can be far more significant than many realise:
Receivership Action: Lenders can appoint receivers who take control of your development, often selling assets at below market value primarily to recover the lender’s position rather than maximising your remaining equity.
Asset Repossession: Not just your development property, but personal assets including your family home can be subject to legal claims with potentially limited notice periods.
Bankruptcy Proceedings: Just this week, a client approached us after facing bankruptcy proceedings from a well-known bridging finance lender for £3.2 million, significantly impacting their financial options moving forward.
There IS a Solution – But Time is Critical
At Bell & Company, we’re different. We’re not insolvency practitioners pushing you toward formal insolvency routes. We’re specialist debt strategists who work exclusively in YOUR best interests to achieve favourable commercial savings, read a recent client review below.
“I’m writing this because I want to help others to have the confidence to go out and get help. Obviously when you contact companies like this you are nervous and not in a great place. I certainly was. It was a huge step for my wife and I to trust these guys with our financial position.
Hand on heart, this was one of the best decisions we have made since losing our company after the pandemic. The all round service and understanding was always perfect and their dedication to fighting our corner and protecting our emotions was first class. It’s very rare I write reviews but I want people to know that they can trust this company.
If you are reading this, I’d like to wish you all the best moving forward. Stay positive and talk to the people around you. Don’t Wait Until It’s Too Late”
The consequences of ignoring bridging loan defaults are serious:
Default interest rates 3-5% above standard
Formal default notices with just 14-28 days to remedy
Enforcement of personal guarantees against your home and assets
Potential foreclosure and repossession
Take Action Today
Take Action Today
Our debt strategists have successfully negotiated significant reductions for clients facing seemingly impossible situations. The earlier you reach out, the more options we have to protect you.
Let’s Have a Confidential Chat About What’s Right For You
Our expert debt strategists have helped countless developers secure major reductions on personal guarantees and avoid repossession. The sooner we act, the better your outcome.
Read Other Client Testimonials, or visit our Trust Pilot
Great Service & Great Result
I used Bell & Company to help me with a large overdrawn directors loan account after going through a company insolvency. They were very understanding to my situation, it was an extremely worrying and stressful time for me being contacted…
Great Service & Great Result
I used Bell & Company to help me with a large overdrawn directors loan account after going through a company insolvency. They were very understanding to my situation, it was an extremely worrying and stressful time for me being contacted directly from the insolvency practitioners solicitor and being concerned about losing my house. Rory was assigned to my case and was straight onto it, he explained everything clearly and told me what information to gather and send to him. Being such a large sum I was surprised at how quickly Rory negotiated an agreement, from a figure that the insolvency company had of 250K to the settlement figure of 35k and with a payment plan, I cannot thank Rory and his team at Bell & Company enough for the excellent service and great result, I can’t actually put into words how good it feels to have this all behind me and to be able to move on with my life. I would highly recommend them to anyone with financial difficulties.
Claire W – GB
Get a Free Consultation Today
Worried about debt? We know that sometimes taking the first step can be the most difficult part.
Our experienced experts are always available to discuss your situation and provide options.
Contact us today for a free case review with one of our specialists.
We settled the £635,000 debt for just £32,500 - a life-changing saving of £602,500. Our client was understandably worried and stressed throughout the process, but her cooperation led to a resolution that gave her immeasurable relief and a fresh start.
Resolving a £360,000 Overdrawn Directors’ Loan for £15,000!
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