Mortgage trap
Mortgage trap
- 1993
- Times 1 April 1993, 25(1) .
The Government estimates that more than a million homebuyers have mortgages larger than the value of their properties. This means that more than 10% of those with mortgages would have a problem moving house.
MORTGAGES
NEGATIVE EQUITY
The Government estimates that more than a million homebuyers have mortgages larger than the value of their properties. This means that more than 10% of those with mortgages would have a problem moving house.
MORTGAGES
NEGATIVE EQUITY