Standard & Poor’s (S&P) is predicting that one in seven UK homeowners will face negative equity over the coming 12 months.Figures from Halifax and Nationwide in April show a 9% year-on-year decline in UK house prices and the credit rating agency expects a further slide of 17%, over the coming year.Research by CACI shows that [...]

More: One in seven homeowners could face negative equity

If someone is not going to borrow more money against their property, they can afford the mortgage payments and willing to sit and waite (for 5 years plus), the negative equity doesnt matter.

Mick