UK Negative equity - big issue or small?
02 July 2009
The Bank of England's latest report estimates (no accurate data available) that negative equity affected between 7 and 11% of households during the spring of 2009.
However, the level of negative equity is regarded as small as a proportion of the property value.
With property prices stabilising this explains why few home owners are feeling the need to slash prices and sell desperately.
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