I think the banks are pricing in a drop in house values so you should heed that warning. If your situation changes - for whatever reason - and you needed to sell, being £30k underwater wont be fun. Personally, I'd offer them £30k less and be prepared to walk away.
^^ A bit harsh.
I think the banks are pricing in a drop in house values so you should heed that warning. If your situation changes - for whatever reason - and you needed to sell, being £30k underwater wont be fun. Personally, I'd offer them £30k less and be prepared to walk away.