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Negative Equity NI
Solving negative equity issues across Northern Ireland.
Solving negative equity issues across Northern Ireland.
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Brexit Hits Housing Market – Six-Month Low in UK Mortgage Approvals.

The Bank of England has said that the number of mortgages approved by British lenders dropped to its lowest level in the six-month period Oct-Mar.
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With house prices falling in many regions, would you take out a 95% mortgage?

The risk for buyers with only 5% deposits is two-fold: first, if prices stagnate or drop they could lose what little equity they started with and easily slip into negative equity.

The full story is on our blog along with a scenario on how a 95% mortgage could go wrong.
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#London has been named and shamed by MoneySuperMarket as the WORST #UK city for #RaisingChildren

Can it be true? Surely not! Did your city make the top ten?

Full story on our NEUK blog page with the #TopTen best and worst cities.
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#Armagh and #Newry have been named and shamed by MoneySuperMarket as two of the three WORST #UK cities for #RaisingChildren.

Can it be true? Surely not! What city came out worst of all?

Full story on our #NI blog page with the #TopTen best and worst cities.
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Buying a property in #NorthernIreland at the wrong time or wrong neighbourhood could see the value plunge. Nobody wants to get stuck with #NegativeEquity, but it can and does happen.
Unfortunately, if it happens to you and your home ends up worth less than what you paid, it could cause you several serious problems.
The first, you can't sell as the sale price won't cover your #MortgageDebt, the second, even if you walk away, the lender will chase you for the outstanding debt.

If you have negative equity issues and need to speak to someone about it, call our experienced negative equity experts or visit the website for more information.
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#Homeowners are using their properties to pay off tens of thousands of pounds in outstanding debts on interest-only mortgage deals.
It's estimated that around 600,000 people have interest-only mortgages that will mature by 2020.
Problems can arise if you have #NegativeEquity and looking for #EquityRelease, coupled with an interest-only mortgage, especially if it is approaching maturity.
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Rate bills for Northern Ireland were sent to households and businesses last week.
4% discount due if paid in full before 17th June.
For full information on how to pay and how to contact LPS visit our blog post.

Negative Equity UK and NI are FCA and CARB regulated property debt specialists.
If you are having mortgage problems or have one of more properties in #NegativeEquity call us today for a FREE no obligation consultation.
#England & #Wales 0161 631 2727
#NorthernIreland 028 9018 3223
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General Election fears flattening the housing market: Survey finds number of properties available is close to record low.

Estate agents say election uncertainty is causing housing market to stagnate, house prices are now nearly £3,000 below their peak in December.

Uncertainty over general election & lack of choice causing housing market to 'stagnate', a report warned.

RICS said momentum has continued to 'ebb', with no sign of a change anytime soon.
A survey of over 600 estate agency branches across the UK found average number of properties hovering close to record lows.

RICS said there's 'anecdotal evidence' that uncertainty caused by Theresa May's decision to call a snap general election on June 8 is putting people off from buying or selling homes.
According to estate agents, introduction of 3% stamp duty on buy-to-let properties & 2nd homes last April also appears to be hampering demand.

Many homeowners are already suffering in negative equity and with the recent announcement of an interest rate rise arriving sooner than anticipated, coupled with the information above, means many more homeowners could become involved with mortgage debt and finding themselves in negative equity as house prices fall.

If you are worried about mortgage debt and/or negative equity in your property, arrange a call-back from one of our experienced debt advisors to book a FREE consultation.

England and Wales: Call 0161 631 2727
Northern Ireland: Call 028 9018 3223
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Bank of England keeps interest rates on hold but says could be hiked sooner than expected as inflation bites.

Bank warns of hard-hitting year for Britons as inflation forecast to hit 2.7%

When interest rates rise, so will mortgage payments, this will put a strain on many homeowners. If you are struggling with mortgage debt and/or you have with negative equity in your property, arrange a call-back from one of our experienced advisors for a FREE consultation.
England and Wales: Call 0161 631 2727
Northern Ireland: Call 028 9018 3223

The Bank of England decided to keep #InterestRates on hold yesterday but warned they might start rising sooner than markets expect to keep a lid on #inflation. it also warned consumer spending is expected to slow down more than previously expected in coming months.

Bank governor Mark Carney said: 'This is going to be a more challenging time for British households. Real income growth will be negative and wages won't keep up with prices.'

The Bank raised its inflation guidance, now expecting it to hit 2.7% far outstripping wage rises.

Source: Daily Mail.
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Buying a property in #England or #Wales at the wrong time or wrong neighbourhood could see the value plunge. Nobody wants to get stuck with #NegativeEquity, but it can and does happen.
Unfortunately, if it happens to you and your home ends up worth less than what you paid, it could cause you several serious problems.
The first, you can't sell as the sale price won't cover your #MortgageDebt, the second, even if you walk away, the lender will chase you for the outstanding debt.

If you have negative equity issues and need to speak to someone about it, call our experienced negative equity experts or visit the website for more information.
http://gplus.link/f6zpq
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