Question of Money

{ "b" : "Dilemma"}

If I am in negative equity with no cash to pay off the mortgage, can I still move house?

Will the loan transfer to the other property? Is it possible to get a bigger mortgage on a second property, over the necessary amount, and use the balance to pay off the first mortgage?

{ "b" : "Solution"}

The ESRI (Economic and Social Research Institute) has said that 196,000 homes ...