Page last updated at 15:28 GMT, Thursday, 9 April 2009 16:28 UK

The negative cost of buying a home


Dawn Burden bought her property in August 2007, but is now in negative equity.

She is nearing the end of a two-year fixed rate deal at 5.8 % and instead of being able to switch to a tracker or a cheaper fixed rate deal she cannot remortgage because she is in negative equity.

She talked to the BBC's Andrew Verity about her concerns.

BBC Two is planning a major series for May on property prices and the downturn called Propertywatch, which will be broadcast from 11-14 May at 2000 BST on BBC Two.


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