House price misery
House price misery
- 2000
- Guardian 26 August 2000, 2.2(2) .
Despite a relatively stable property market, many mortgage lenders continue to sell repossessed homes at reduced prices. This, combined with a past policy of lending up to 7 times a borrower's income means that negative equity is still proving hard to eradicate.
NEGATIVE EQUITY
REPOSSESSIONS
MORTGAGE LENDERS
HOUSE PRICES
Despite a relatively stable property market, many mortgage lenders continue to sell repossessed homes at reduced prices. This, combined with a past policy of lending up to 7 times a borrower's income means that negative equity is still proving hard to eradicate.
NEGATIVE EQUITY
REPOSSESSIONS
MORTGAGE LENDERS
HOUSE PRICES