Item on Newstalk 29/03 am - Banks offering new arrangements to NE homeowners

[Newbie!]

sorry for the vague title, I caught the end of Ivan Yates this mroning mentioned something about four banks (KBC caught my attention) who were now offering 'something' new to those in negative equity. I cant find anything in today's Times. Anyone know what this was about?

 

[triona]

Hi Newbie,

It's in the Independent

 

[Newbie!]

Thanks Triona. Seems there's no deetails available yet.

What do AAM posters think is a reasonable figure to carry forward to a new mortgage based on earnings and other outgoings? Is there a rule of thumb for such a calculation?

 

[44brendan]

See posing by Brendan Burgess yesterdy on UB's negative equity mortgages.

 

[Newbie!]

Where is that Brendan?

 

[44brendan]

http://www.askaboutmoney.com/showthread.php?t=167665&highlight=negative+equity+mortgage

 

[Newbie!]

Thanks Brendan.