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Welcome to PDQ / FORUM NOW CLOSED
« Last post by Chris Wood on October 12, 2011, 10:00:44 AM »
As you will see on our News feed. I have decided to suspend our Forums for the time being. Thanks for your interest.
Chris Wood
Chris Wood
Recent Posts
In an article published today, The Skipton has made a statement that I believe is, at worst, scaremongering and at best a play for for cheap headlines. The issue is negative equity. Whilst negative equity does have some unpleasant effects for a small number of people who are caught by it who need to re-mortgage or get out of the housing market for whatever reason; the remainder of those whose homes are worth less than the mortgage they have on it are, almost always, unnoticed. It doesn't affect their day to day lives at all. In fact, many are totally and blissfully unaware that they have negative equity.
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Chris