Negative Equity

(asked on 5th November 2015) - View Source

Question to the HM Treasury:

To ask Her Majesty’s Government what action they are taking to help home owners in negative equity.


This question was answered on 18th November 2015

If homeowners are in negative equity, or worried about meeting payments in the future, it is vital to make early contact with their lender.


There are a number of organisations available that provide free, impartial advice on money and debt management, including the Money Advice Service, which Government has set up to promote understanding of Financial Systems.


The Government is working to mitigate the impact of Compulsory Purchase Order (CPO) activity on those in negative equity and following consultation government released a response document on the 29th October, which is available on the gov.uk website.

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