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Negative Equity Mortgages Just Make Sense!

Posted on by Stephen Hamilton

In the UK the banking group Llyods TSB recently started to offer Negative Equity Mortgages to their existing customers. No such mortgage product exists in Ireland yet but there is a real need for one. If you look at the figures, it just makes sense, not only for Negative Equity Homeowners but also for our under capitalised Banks.

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Bad Banks, Dealing with Debt, House and Home, Mortgages
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