Saturday May 30, 2020

Question of Money

Dealing with issue of negative equity

29th May, 2010

{ "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?

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