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One in 8 British homes in negative equity ...
One in eight British mortgage holders who have purchased homes since early 2007 already owe more than their houses are worth, an analysis indicates.Included in that number are 145,000 homeowners who now find themselves in negative equity situations, a figure that could rise to 360,000 if home prices fall by another 20 percent, The Daily Telegraph reported Saturday.The newspaper said research ...
Published in: Equity
One in eight British mortgage holders who have purchased homes since early 2007 already owe more than their houses are worth, an analysis indicates.Included in that number are 145,000 homeowners who now find themselves in negative equity situations, a figure that could rise to 360,000 if home prices fall by another 20 percent, The Daily Telegraph reported Saturday.The newspaper said research ...
Published in: Equity
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