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Negative Equity - Cheap Mortgage Deals

This is the term used if the market value of the property you own is less than the amount borrowed. Having negative equity is financialy catastrophic and the only way to avoid loosing money is to wait until property prices increase before selling.

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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Cheap Mortgage Deals is a trading name of Grovelawn Limited, which is authorised and regulated by the Financial Services Authority.

Grovelawn Limited is Registered in England & Wales number 5030300; Registered Address: 98 Station Road, Sidcup, Kent, DA15 7BY

Entered on the Financial Services Authority's Register - Register Number: 314204 - Consumer Credit Licence Number: 573287

The Financial Services Authority (FSA) do not regulate some types of buy to let mortgage, commercial mortgage, overseas mortgage, tax advice and credit or loans not secured on property.

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