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MSE News: Rise in 90% mortgages

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Mind you, some people will be OK with a bit of negative equity - so long as they have no intention of moving for quite a while and so long as they won't need to raise any money on the house. If the payments remain affordable, negative equity is just a fairly meaningless number for some people.

    Agreed. Negative equity is a red herring. What matters is the ability to repay the mortgage every month. .
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