Spectre of negative equity looms for first-timers (Times Online)
Story date: 2008-01-11 04:15:59
Added on: 2008-01-11 16:22:08
First-time homeowners who took out large loans to get on to the property ladder face a double whammy of negative equity and pricier mortgages because of falling property prices.
Read more...
Related Stories:
-
Negative equity hits 10,000 homeowners after price fall - South China Morning Post
More than 10,000 flat owners who bought their properties in the first seven months of this year have fallen into negative equity...
2008-11-11 01:34:00 -
Bank of England: 1.2million face negative equity as property slumps - Daily Telegraph
The continuing decline in house prices means that one in ten mortgage holders - 1.2 million people - are likely find themselves...
2008-10-27 07:20:00 -
Negative equity hits 250,000 homeowners (Daily Telegraph)
A quarter of a million homeowners have slipped into negative equity since the start of 2008 and more than a million could...
2008-06-01 07:23:28 -
Negative equity ‘to reach 2 million’ (Times Online)
Collapsing house prices are plunging 60,000 homeowners a month into negative equity, which means the country is on course for a worse...
2008-10-18 03:21:07 -
Negative equity warning over 100% mortgages as repossessions set 'to jump 75%' (Evening Standard)
House repossessions will rise by 75 per cent this year and as first-time buyers have been warned of the risk of negative...
2007-10-30 03:44:39 -
Borrowers in negative equity to be left out in the cold - Times Online
The Government's £200m mortgage rescue package will do little to ease the suffering of struggling homeowners in negative equity, commentators have warned,...
2008-09-03 08:16:00 -
Collapsing values hit home (The New Zealand Herald)
The housing crash is plunging more homeowners into negative equity, with their mortgage debt exceeding the value of their property....
2008-08-09 02:45:42 -
Kiwis owe more than their home is worth (Stuff)
Falling house prices have plunged up to 130,000 homeowners into negative equity as the value of their property drops below the amount...
2008-10-22 02:18:26
