Rat and Mouse
Fri
12
Jun
Negative equity rising

To 1.1m homes, according to the Bank of England, and between 7% and 11% of UK homeowners. The Bank's research is based on a 20% fall from the peak of the market, leaving average prices at mid-1990s levels... so if you took out a proportionately large mortgage in the years since then, it might mean you. More here.

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Comments

Not £1.1m - 1.1m homes

Posted by Nik at June 12, 2009 10:24 AM

Comments

Thanks, Nik... corrected now. A typo... born of hitting that key too many times. B

Posted by Ben at the Rat and Mouse at June 12, 2009 5:50 PM


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