Housing pressures, debt and pandemic scars holding back under-35s

New research by the Personal Finance Research Centre, University of Bristol, in partnership with StepChange Debt Charity and funded by NatWest Group, has revealed acute housing pressures, debt and lasting pandemic impacts affecting under-35s. According to the report, almost half (44%) of StepChange clients aged 18-34 surveyed have borrowed money to cover their housing costs.…

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Nearly half of people worry about housing costs

Analysis by Shelter and HSBC has shown that 52% of people paying housing costs are starting the new year worried about housing or financial pressures. The research also found that 67% of people with housing costs have experienced housing pressures over the past year. Of those experiencing housing pressures, 57% said they have lost sleep…

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One in five households set to spend third of income on housing

12th September 2023 Banking and Loans | #housing costs

One in every five households in England (4.8 million) will be forced to spend more than a third of their income on housing by the end of the next parliament unless politicians commit to a long-term plan to fix the housing crisis, according to a new report by Pragmatix Advisory on behalf of the National Housing Federation…

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