becky_1979
Registered User
- Messages
- 32
I think the banks are doing deals but not really publicizing it.
I am aware of a house sold this year where the vendors were in negative equity of about 200k and they got 2 personal loans on it (they had split up)
My solicitor has also dealt with cases recently with people getting the negative equity amount as a personal loan
I'm with UB also and was in talks with the in last few days. I am in negative equity of about 60k.. they told me they would allow me to sell and buy again, bringing in of course the negative equity to the new mortgage.
You really really need to think this through, make sure you do the sums, not sure that NE mortgages are a good idea.
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