As most homeowners will know falling into negative equity can bring with it many problems, not least of which is being tied to the home because the value of the property has fallen below the amount that is still owed on it. However, another problem that has been highlighted with regards to negative equity is that in some cases couples that have drifted apart or no longer want to be together are being forced to continue living under the same roof as a result of being in negative equity. (more…)
Posts Tagged ‘negative equity’
Lenders offer 125 percent mortgages to existing customers
Wednesday, December 16th, 2009Over recent weeks a number of lenders have decided to bring back 125 percent mortgages, but these will only be made available to existing borrowers who have very good credit and need to move home. (more…)
Bank of England confirms negative equity figures
Thursday, July 2nd, 2009The Bank of England has recently confirmed figures relating to the levels of negative equity amongst homeowners in the UK following around twenty months of house price falls. (more…)
Home sales restricted by negative equity
Thursday, June 4th, 2009Lenders have recently stated that the number of property transactions and home moves is set to be seriously hampered by the fact that so many people are now in or facing negative equity as a result of plunging property valued. (more…)
CML releases official negative equity figures
Monday, May 11th, 2009A couple of weeks ago the Council of Mortgage Lender released worrying figures with regards to negative equity levels amongst homeowners in the UK, claiming that 900,000 homeowners had been plunged into negative equity as a result of falling house prices. (more…)
More and more people facing negative equity
Thursday, April 9th, 2009Following further house prices falls for the month of February, as reported by a number of major lenders and the Land Registry, it has been reported that a rising number of homeowners are now facing the daunting prospect of negative equity. (more…)
Over a million in negative equity
Sunday, March 8th, 2009Recently released figures have suggested that the fall in house prices has now resulted in over one million homeowners being plunged into negative equity. (more…)
The Dangers of Negative Equity
Friday, March 16th, 2007Be Positive
The great thing about buying a property is that it’s a guaranteed investment, prices just keep going up, right? Wrong. We look at what happens when the bubble bursts and prices drop. (more…)
More from Mortgage News category
Ads and sponsors