sell property
Negative Equity Reality
The Financial Services Authority has warned that one in four UK homeowners will be plunged into negative equity. If correct this will affect 2.5m of us this year alone.
To see the value of your home drop to less than the amount you owe the bank is only relevant if you have to sell property quickly. Previous generations have lived through negative equity without any affecting on their life and have sold their properties with substantial equity gains years later.
