{"id":126719,"date":"2022-05-16T13:00:53","date_gmt":"2022-05-16T06:00:53","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-my-house-now-to-avoid-falling-into-negative-equity\/"},"modified":"2022-05-16T13:21:29","modified_gmt":"2022-05-16T06:21:29","slug":"should-i-sell-my-house-now-to-avoid-falling-into-negative-equity","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-my-house-now-to-avoid-falling-into-negative-equity\/","title":{"rendered":"Should I sell my house now to avoid falling into negative equity?"},"content":{"rendered":"


\n I\u2019m thinking about looking for a new job and would probably have to relocateQ I bought my first house last year for \u00a3240,000. However, my personal circumstances have changed and I have been thinking about looking for a new job. I work in a niche industry where vacancies don\u2019t arise too often and I would probably have to relocate if I changed employer. Given the current talk of recession, I\u2019m terrified that if I find a new job later this year or next year, my house value will have fallen. If I let it out, the rent would just cover the mortgage and the tax to pay would be quite hefty. Should I sell now and move into rented accommodation with the view to moving in the next year or so to avoid falling into negative equity?AN Continue reading…
\n
\nSource : theguardian.com
\nRead more…Should I sell my house now to avoid falling into negative equity?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019m thinking about looking for a new job and would probably have to relocateQ I...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-126719","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wXR","jetpack-related-posts":[{"id":14450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-house-has-negative-equity-can-i-sell-it-and-switch-to-a-new-mortgage\/","url_meta":{"origin":126719,"position":0},"title":"My house has negative equity, can I sell it and switch to a new mortgage?","date":"May 26, 2016","format":false,"excerpt":"\r The value of my house is less than my mortgage, what should I do if I want to sell the house and move the shortfall over to a new mortgage?Q I want to sell my terraced house. It is valued at \u00a345,000 but my mortgage is over \u00a365,000 so\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-is-poised-for-another-real-estate-crisis-as-falling-home-prices-drive-more-mortgage-borrowers-into-negative-equity\/","url_meta":{"origin":126719,"position":1},"title":"Hong Kong is poised for another real estate crisis as falling home prices drive more mortgage borrowers into negative equity","date":"February 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial banks are cutting their valuations of mortgaged homes as they bow to the double whammy impact of a viral epidemic with months of anti-government protests, in a move that could drive even more borrowers into negative equity and provoke panic selling.The weekly Centa Valuation Index (CVI)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trapped-in-negative-equity-with-nowhere-to-go\/","url_meta":{"origin":126719,"position":2},"title":"Trapped in negative equity with nowhere to go","date":"March 10, 2013","format":false,"excerpt":"\r Negative equity and a dearth of first-time buyers have trapped many families wanting to upgrade to a bigger homeTom Green and his wife, Keira, bought a flat in Solihull, near Birmingham, in February 2008 as the property market reached its peak. \"We took on a 125% mortgage from Northern\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-equity-release-the-best-way-to-buy-a-house-in-sweden-a-year-before-we-sell-in-the-uk\/","url_meta":{"origin":126719,"position":3},"title":"Is equity release the best way to buy a house in Sweden a year before we sell in the UK?","date":"July 24, 2023","format":false,"excerpt":"\r We are thinking of \u00a3150,000, some for decorating, as my husband wants to be nearer his family when he retiresQ My husband and I are going to move to Sweden when he retires as he wants to be nearer to his family. 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Many people who bought flats in the last couple of months have seen their value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48950,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equity-release-schemes-how-they-work\/","url_meta":{"origin":126719,"position":5},"title":"Equity release schemes: how they work","date":"February 7, 2013","format":false,"excerpt":"\r Equity release schemes enable older homeowners to tap into the value of their property without the need to sell up and move out. There are two main types of scheme \u2013 lifetime mortgages and reversion schemes \u2013 and deciding which to go for is just one of the decisions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126719"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=126719"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126719\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}