What is Negative Equity? (and why it might be coming back)

Negative equity can wipe out your net worth in the blink of an eye, through no fault of your own. When the value of your house falls, it's your equity that disappears. Your mortgage lender will still want all their money back, even if it's now more than your house is worth. For the full video on how to choose the best estate or letting agent: https://youtu.be/d21Q1BUaKAE 4 Golden Rules Video https://www.youtube.com/watch?v=V9klZFpqhtk 4 Golden Rules Blog https://bestagent.co.uk/the-4-golden-rules-of-how-to-choose-your-estate-agent/ Find an agent to sell or let your home: https://findyouragent.bestagent.property/ Want to find your next home? https://bestagent.co.uk/ Follow BestAgent: https://www.facebook.com/bestagentproperty https://twitter.com/bestagentprop https://twitter.com/bestagentfinder https://www.instagram.com/bestagentpropertyuk/ https://www.linkedin.com/company/bestagentproperty/ Follow Charlie: https://twitter.com/moving_charlie https://twitter.com/bestagentboss https://www.facebook.com/MovingHomeWithCharlie https://www.linkedin.com/in/charlie-lamdin-4231054/ https://www.instagram.com/movinghomewithcharlie/ To find out everything you need to know about moving home go to: https://mhwc.co.uk/ How estate and lettings agents move people https://bestagent.co.uk/diagram-how-lettings-and-estate-agents-move-people/ If you need a mortgage in principle click here: https://mojomortgages.com/app?journey=eligibilityPurchase&brand=bestagent