Negative Equity Problem, maybe there is a solution

Negative Equity Problem, maybe there is a solution

Negative equity mortgages are are going to be introduce by a number of bank shortly provided the central bank approve The idea is to allow property owners who are trapped in small properties to trade up, while carrying the negative equity portion of their mortgage with them. There are a number of important points that you should note: 1. Any new mortgage will be on a fixed or variable basis so those with tracker will lose them. 2. You must have...

Read More