1.7m home owners face negative equity - Telegraph
Currently more than 800,000 home owners – 7.3pc of all households with a home loan – have a mortgage that is bigger than the market value of their property.
But thanks to lax lending during the credit boom, and several years of house price falls, this number could double if property prices dip a further 10pc. This would mean that almost as many home blighted by negative equity in the early 1990s after the last housing crash.
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