When the market value of the property decreases to become less in value than the mortgage. The decrease is known as equity depreciation
Negative equity is when a person owes more on a vehicle than the vehicle is worth.
When the amount owing to the mortgagee exceeds the market value of the property provided as security, the difference is called the negative equity.
This happens when your mortgage is higher than the actual value of your property.
where the size of the loan on your home is greater than the market value, which makes it difficult to sell, especially if you need to move to a more expensive property.
When the value of your house falls to less than the mortgage you have taken out to buy it. This means that you are unable to repay your mortgage by selling the property and therefore you are unable to move.
This is where your mortgage balance is higher than the current value of your property. Because we have loan products available that mean you are able to use more than 100% of your property value; we are able to help in most cases.
A phrase now quite well known although its affects have more recently, largely disappeared. This occurs when the property value has fallen below the amount of mortgage still owing. There are a number of lenders who have products which can help such borrowers.
When the amount you owe on your mortgage is more than the current value of your property you are said to be in Negative Equity. See Negative Equity [link to negative equity article] to see how Negative Equity can affect you.
As the value of your house is depreciated and it becomes useless for your mortgage.
This is when the amount you owe on your mortgage is greater than the value of your property. It particularly becomes a problem if you want to move house.
Where the money you owe on the mortgage is greater than the value of the property. It happens when there are large property price falls after a boom period.
If the loan amount outstanding exceeds the market value of the property held as security, it is known as 'negative equity'. You should ensure that you can afford your mortgage in the event of house prices falling – a time when this situation occurs.
When you owe more for your car than it is worth.
The value of the property has less value than the mortgage amount secured on it.
Situation which occurs when the amount loaned against a property is in excess of the market value of the property.
When the amount you owe on a property is larger than what the property is worth.
Should the property be worth less than the value of the mortgage then the difference is known as Negative Equity. This most commonly occurs during a downturn in house prices.
Negative equity occurs where the value of the property is lower than the amount of the loan you have secured against it. This normally occurs if there is a decline in the value of properties.
In mortgages or other secured loans, the condition of the liability, or debt, being more than the equity, or property's worth.
If your car is worth less than the amount you have left to pay off the loan.
This is where the amount owed on a mortgage exceeds the value of the property.
A situation where the purchaser of a property has taken out a mortgage and some time after the purchase, the value of the property falls below the mortgage amount.
The amount of your loan is bigger than the property value you made as loan collateral.
What you're left with if you buy a house for £100k and then find that it's only worth £50k a few years later. In that example you'd be left with £50k of negative equity.
where the value of your property is worth less than the money owed on the mortgage.
Where the property has a value which is lower than all the loans secured against it.
Occurs where the loan amount outstanding exceeds the market value of the property. For example, you owe €100,000 on your house, but it is only worth €80,000. You are said to have negative equity of €20,000.
This is a term used to describe a situation where the borrower owes more money to their mortgage lender than their property is worth.
where the value of a property is worth less than the money owed on it.
It is a situation where the amount owed on a vehicle increases the amount that the vehicle is worth.
Portable Mortgages Principal
This is where the money you owe on the mortgage is greater then the value of the property.
Negative equity refers to a situation when the value of your property falls below the figure of the mortgage/loan taken out to buy it.
Bought a house for £80,000 and now it's only worth £60,000? Bad luck - that's £20K of negative equity you're sitting on there. See Gearing.
Refers to the amount by which a vehicle is worth less than a consumer still owes on it.
When the sum of the trade-in value minus the payoff produces a negative value.
The situation where the total amounts secured against a property exceeds the value of the property.
This happens when the value of your property is less than the loan. This works with vehicles and homes.
when your car is worth less than your outstanding finance.
Where the outstanding balance on the mortgage is higher than the value of the property. This means that proceeds from the sale of the property will not be enough to cover the loan.
You are considered to be in negative equity if the money you owe on your mortgage is greater than the value of your property.
When your house is worth less than your mortgage because the value of the property has fallen.
Where the sum of a loan on a property exceeds the value of the property.
The market value of the property is less than the amount outstanding on the mortgage.
If your house is worth less than you owe on your mortgage, this is known as negative equity.
The amount of money between the loan payoff amount and what the used car is worth if the vehicle is worth less than the loan payoff amount.
This is the term used when charges are greater than the credits on the Equity Closing Statement. In effect, the transferee must pay AECC the Negative Equity amount in order for AECC to purchase the property.
This is where the money you owe on the mortgage is greater than the value of your property.
A situation in which the market value of a property has fallen to below the level of the loan/mortgage secured on it.
This exists when the liability portion (what you owe on a vehicle) of the equity equation is larger than the asset portion (what the vehicle is worth wholesale). (See alsoburied, upside down.)
This is where the property is worth less than the outstanding mortgage secured against it.
Negative equity is when the value of your home is less than the amount that you owe on your mortgage plus any other loans secured against it. It can happen very easily if you take out a 100% mortgage or if property prices fall. (Also see Higher Lending Charge)
When the value of your house falls to less than your mortgage. Over 1.5 million home owners have experienced this during the recent recession.
This is where the money you owe on your mortgage is greater than the value of the property.
The situation where the amount owed on a mortgage is more than the value of the property.
When the amount owed on a vehicle is greater than the vehicle's worth.
Property prices fluctuate according to market conditions and the value of your property may go down as well as up. In the future, this could mean that your mortgage exceeds its market value.
You go into negative equity when the value of your home is less than the amount that you owe on your mortgage.
The shortfall between the value of a Borrower's property and the total amount secured on it i.e. when the borrower owes more than the house is worth.
When the value of your property falls below the size of the loan you've taken out to buy.
A position in which a borrower owes more on property than the property is worth.
This means the value of your property is lower than the amount you owe on your mortgage or secured on it. This will be a problem if you want to move or maybe considering either a Remortgage or a Secured Loan.
The situation where the value of the property falls below the outstanding loan(s) used to purchase it. Negative Equity Guarantee=(Equity Release Plans) In the event of the value of your property decreasing, the debt will also decrease, in addition any outstanding debt, following the sale of your property will not be taken from your estate.
This is when the actual market value of the property decreases to a value of less than the remaining balance of the mortgage repayments.
Occurs when the value of a property falls to less than the Outstanding mortgage
This occurs when the housing market suffers a drop in prices. If you bought a house for £100,000 and now it is only worth £80,000, this equates £20,000 of negative equity. This becomes especially bad when the amount owed on the mortgage is greater than the market value, as even if the house is sold there will still be an outstanding sum owed to the mortgage lender.
When the value of a home falls to less than the balance of the mortgage.
Where the outstanding loan is higher than the market value of the mortgaged property.
When the value of the property has fallen and is less than the loan secured on it.
negative equity can happen with a mortgage when the outstanding balance is greater than the actual value of the property. This can occur when a large amount is borrowed and house prices fall.
The situation where the market value of a property has fallen to less than the amount of the outstanding loan still owed.
A situation where the amount owed on a mortgage exceeds the value of the property.
When the value of your house falls to a level less than your mortgage.
When the amount left outstanding on the mortgage is greater than the value of the property.
The amount owed on a vehicle loan is greater than its market value.
Negative equity exists when the outstanding loan amount exceeds the market value of the property held as security.
Where the debts secured against a property exceed its value making the properties sale difficult.
Negative equity is a term used in the housing market, usually following a general fall in property prices, to mean that the market value of a mortgaged house or flat is less than the amount outstanding on the loan used to purchase it. This can also occur with second-mortgage home-equity loans and some loans structured to loan more than the appraised value, such as 125% loans. This means that if the borrower subsequently defaults on the loan, repossession and sale of the property by the lender will not raise enough cash to repay the amount outstanding, and the borrower will both have lost the property and may still be in debt, although a standard clause in most mortgages cancels the debt upon repossession.