Homeowners who bought at the height of the housing market face another four years of negative equity before they recover what they paid, according to the latest forecast.
By The Newsroom
Published 30th Aug 2010, 18:29 BST
Updated 30th Aug 2010, 19:39 BST
People who bought properties in England at the peak of the market in 2007 will have to wait until 2014 before emerging from negative equity, according to a report by the National Housing Federation that also predicted a 22 per cent rise in house prices before 2014.