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Negative equity afflicts 'half a million households'

1 March 2014 Last updated at 14:51 GMT

Nearly 500,000 households in the UK are still in negative equity, according to newly released figures.

The situation makes it virtually impossible for homeowners to sell up and move - especially in parts of the country where house prices are falling.

The figures are based on data from more than one million home loans.

Brian Milligan reports.

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