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Lenders for Negative Equity
LucyStephen
Posts: 6 Forumite
Does anybody know any lenders who are offering new re-mortgage deals for those in negative equity????? Also any mortgage brokers that can assist people in negative equity. Thanks
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Comments
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There are no lenders at all that will offer that.0
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Approach your present lender to see if they can offer you a deal. I can't see why a new lender would want to offer a deal to someone in negative equity - it wouldn't make much economic sense. Realistically your best option is to overpay/save to get out of negative equity, or sell up and come to an arrangement to pay off the debt.0
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If your present lender has nothing on offer, then nobody else is going to be daft enough to take on your problem.
Existing lender or save hard. No other choices.0
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