Negative equity
Negative equity
- 1997
- Daily Telegraph 25 January 1997, B10(2) .
Reports from UBS and Woolwich Building Society show that the number of households with negative equity fell during 1996. Some lenders are tackling the problem by offering schemes which allow borrowers to carry over the debt onto a new mortgage.
FIRST-TIME BUYERS
HOUSE PRICES
INSUFFICIENT EQUITY
NEGATIVE EQUITY
Reports from UBS and Woolwich Building Society show that the number of households with negative equity fell during 1996. Some lenders are tackling the problem by offering schemes which allow borrowers to carry over the debt onto a new mortgage.
FIRST-TIME BUYERS
HOUSE PRICES
INSUFFICIENT EQUITY
NEGATIVE EQUITY