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Negative equity is here again

Discussion in 'General Discussions and Lounge' started by temi, Jun 10, 2008.

  1. temi

    temi Facilitator Webmaster

    According to the BBC, negative equity is here again especially for those who obtained 100% mortgage, approximately 23,000 people.

    Because house prices are falling, it means the amount borrowed will be greater than the value of their properties.

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