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I Thought Prices Were Rising?

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Need more info to decide if it is negative equity. She may have bought the house for £120,000 on a £100,000 interest only mortgage, its now worth £160,000, but her loan is for £70,000. This is not negative equity, but she needs £170,000 on a £160,000 property to pay off her loan and her mortgage. This is all conjecture but it is feasible. As I said, there is not enough information to jump to the concluson of negative equity.

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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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