Negative Equity

Let's dispel a myth. You will not be threatened with repossession just because you are in negative equity. Reducing your debt is a good starting point if you are concerned about negative equity - and debt solutions are our speciality.

Call Payplan free on 0800 917 7823 or use our online Debt Calculator for a quick and easy way to get free advice about property concerns including negative equity from experienced professionals.

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What is negative equity?

Negative equity simply means that your mortgage is higher than the value of your property - and this can be influenced by the state of the housing market and the financial and economic climate.

If you wish to sell your property, negative equity can be a concern. If, however, you are up to date with your mortgage and secured loan repayments, negative equity should not be considered as an immediate problem. House prices are forecast to rise again simply because the UK still has a shortage of places for people to live and there is only limited space for building new homes.*

Call Payplan free on 0800 917 7823 or use our online Debt Calculator for a quick and easy way to get free advice about property concerns including negative equity from experienced professionals.

* http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/17/cmrates17.xml.

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