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Negative equity

Language: English Series: Daily Telegraph ; 25 January 1997, B10(2)Publication details: 1997Subject(s): Summary: 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.

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.