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Research group reveals millions close to negative equity

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  • Research group reveals millions close to negative equity

    Research group GfK NOP said if house prices continue to fall, five million homeowners could find themselves with a mortgage worth more than their property by the end of 2009.The group said an estimated 3.8 million people are in, or facing, negative equity with a further 1.2 million homeowners expected to be in negative equity [...]

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