H
hennesb2
Guest
Hi, Without going into specifics....I am currently in negative equity (dont know how much, havent had the house officially valued)....so my understanding is that my house is worth less that I owe on it...If I want to move to a new house but the new house is of comparable value to the one I am selling, is this straight forward? Surely negative equity doesnt even come into it if the houses are a similar price? So e.g I owe 250K on my house now worth 200K! Can i sell me house for 200K and buy a different one for 200K and carry on in negative equity but in a new home?