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Rent fears after Christmas spending

By Vicky Shaw

More than three million people in the UK fear they will miss their rent or mortgage payments in January as the cost of Christmas takes its toll, new research suggests.

One in nine people (11%) who were surveyed by the charity Shelter and pay rent or a mortgage said they are worried about being able to pay their housing costs this month, equating to 3.2 million people if the figures are projected across the UK.

Shelter said it has seen a surge in the numbers visiting its website for advice on arrears.

It said that worryingly, 26% of the people in its survey said they would feel too ashamed to ask for help if struggling with housing payments. Some 59% of the more than 2,300 rent or mortgage payers surveyed in November said they were already struggling to keep up with their housing costs.

Belfast Telegraph


From Belfast Telegraph