What % do house prices need to fall before you are in negative equity?

**TheBigYinJames** · 9 July 2008, 12:29

Originally posted by sasguru View Post

Non-witty poll coming up

For me, 75%

**HairyArsedBloke** · 9 July 2008, 12:29

>100%

**Diver** · 9 July 2008, 12:30

> 101%

**DimPrawn** · 9 July 2008, 12:32

> 500%

**SallyAnne** · 9 July 2008, 12:35

I've got an interest only mortage, so I dont really understand the question.

Both me and other half would need the contract market to go completely belly up for us not to be able to pay off full mortgage in 5 years,

I'd never want to sell it though - it's a home for life.

**Diver** · 9 July 2008, 12:35

1000%

**DimPrawn** · 9 July 2008, 12:36

Originally posted by SallyAnne View Post

I've got an interest only mortage, so I dont really understand the question.

Both me and other half would need the contract market to go completely belly up for us not to be able to pay off full mortgage in 5 years,

I'd never want to sell it though - it's a home for life.

How are you paying it off in 5 years if you have an interest only mortgage?

**sasguru** · 9 July 2008, 12:37

Originally posted by SallyAnne View Post

I've got an interest only mortage, so I dont really understand the question.

Both me and other half would need the contract market to go completely belly up for us not to be able to pay off full mortgage in 5 years,

I'd never want to sell it though - it's a home for life.

How are you paying off the capital?

**sasguru** · 9 July 2008, 12:41

I'm dreading the reply ....

Doesn't matter I don't have a mortgage	44.00%	22 votes
10%	4.00%	2 votes
20%	0.00%	0 votes
30%	12.00%	6 votes
40%	6.00%	3 votes
50%	12.00%	6 votes
60%	4.00%	2 votes
70%	18.00%	9 votes

What % do house prices need to fall before you are in negative equity?