Bank warns about negative equity
Negative equity may have speeded up the UK economy’s fall into recession, the Bank of England says.
Please consider:
One in five home owners ‘could end in negative equity’One in five home owners could find themselves in negative equity amid a “deep and prolonged” recession the City’s watchdog has said. ...
One in three Northern Rock customers in negative equityNearly one in three Northern Rock customers are in negative equity the nationalised bank has revealed as it warned reposessions were likely to rise. ...
2m homeowners to fall into negative equity FSA warnsMore than two million homeowners face falling into negative equity this year the City regulator has warned. ...
‘1.2m owners’ in negative equityOne million homeowners are thought to be in negative equity as house prices fall, the Council of Mortgage Lenders says. ...
One in 10 homeowners in negative equityBank of England says one in 10 homeowners is in negative equity. ...
