The Money Stop » negative equity

Negative equity forces couples to live together

admin — Thu, 04 Feb 2010 17:08:26 +0000

Charity officials have recently stated that there are many estranged couples that are being forced to live together under the same roof as a result of the property still being in negative equity, which means that they are unable to sell their home and move on as a result of the relationship ending. Many couples have [...]

Negative equity forces couples to live together is a post from: The Money Stop

Mortgage Defaults on the Rise as More People Become Unemployed

admin — Thu, 15 Oct 2009 07:38:10 +0000

According to experts at City the number of homeowners defaulting on their mortgage could rise to about 400,000 by 2011 with the number of unemployed reaching a high of 3.5 million. Ed Stansfield of Capital Economics equates the results of the current recession to that of the early 1990’s. At that time the housing crash and [...]

Mortgage Defaults on the Rise as More People Become Unemployed is a post from: The Money Stop

Negative equity could hit many more

admin — Sat, 16 May 2009 08:37:58 +0000

As a result of the house price crash that has seen a large percentage wiped off the value of UK properties over the past eighteen months it has been estimated that around one million homeowners have already been plunged into negative equity, which is where they owe more on their property than the actual value [...]

Negative equity could hit many more is a post from: The Money Stop

Many jobs to be affected by credit crunch

admin — Thu, 05 Mar 2009 09:16:52 +0000

Most people are sick of hearing the term ‘global credit crunch‘, but sadly this is s term that many of us have had to get used to over the past year. Since it made its way over from the United States late in 2007, the credit crunch has wreaked havoc in the financial markets, and [...]

Many jobs to be affected by credit crunch is a post from: The Money Stop

With rents falling is this the time to rent your home?

admin — Sat, 17 Jan 2009 07:49:16 +0000

Over the past year a large number of people have been pushed into renting a home rather than buying one, and this is largely because lenders have become far more stringent over giving out mortgage loans, which has made it difficult for many people to get the finance that they need to purchase a home. In [...]

With rents falling is this the time to rent your home? is a post from: The Money Stop

House price falls worse than last crash

admin — Thu, 04 Dec 2008 08:10:39 +0000

In the 1990s, many people will remember that there was a house price crash that plunged many homeowners into negative equity, and a lot of people will have concerned memories of this time following the past year, when house prices have been tumbling month on month. However, according to officials from the Halifax, its records [...]

House price falls worse than last crash is a post from: The Money Stop

Fool.co.uk: House price standstill could ‘imprison’ first-time buyers

admin — Mon, 08 Oct 2007 16:15:18 +0000

Fool.co.uk: House price standstill could ‘imprison’ first-time buyers is a post from: The Money Stop