UK faces negative equity crisis

Article Date : 30 July 2008
News Section: United Kingdom

One in seven UK homeowners is facing the prospect of having a property worth less than their mortgage, the ratings agency Standard & Poor's said today. By Larry Elliott...

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Article provided by The Guardian.
Read the full article here: http://www.guardian.co.uk/global/2008/jul/30/housingmarket.property?gusrc=rss&feed=money

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