All Entries Tagged With: "negative equity"
Interest Only Mortgages: Negative Equity
Over 2.9 million people pay off the mortgage repayments by using an interest only mortgage product, 45 percent of those do not have any investment in place to repay the capital on the property according to investment group LV.
41 percent of the homeowners who are paying interest only repayments and have no investment plan in [...]
Get rich quick property investors could be in trouble
A year ago, everyone seem to want to get on the property ladder, if you were an experience property investor, or maybe someone who after watching changing rooms run off to find yourself a
UK houses prices to tumble a further 17 percent
Anyone who was in the UK and affected by the negative equity crisis in the 1990s could be seeing the same again within the next 12 months, according to the
100% mortgage borrowers now facing negative equity
If you are one of the 23,200 borrowers who took out a 100% mortgage in the year up to March 31st, then the BBC has said that they could now be facing the prospect of negative equity. This is the result of falling house prices hitting the UK, so your