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Negative Equity Warning

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Why asset-rich over-60s walk on the wild side

Research from Key Retirement Solutions (KRS), an independent financial adviser, highlights two main worries among consumers considering equity release. One is that they could fall into negative equity and lose their homes; the other concerns the complexity of the products themselves.

KRS's spokesman, Dean Mirfin, dismisses these fears as "misconceptions", but Ms Bien sees negative equity - when the loan to be repaid is greater than the value of the property - as one of the "biggest potential pitfalls".

http://money.independent.co.uk/property/ho...ticle326732.ece

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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