When your property is worth less than what you owe on your mortgage. This can happen if house prices fall. It makes remortgaging difficult, but you won’t lose money unless you sell. Time and overpayments can help recover.
2026-08-13
2026-08-13
When your property is worth less than what you owe on your mortgage. This can happen if house prices fall. It makes remortgaging difficult, but you won’t lose money unless you sell. Time and overpayments can help recover.