Which? figures show Britons struggling with loans, cards and bills as interest rates and inflation soar

An estimated 700,000 UK households missed or defaulted on a rent or mortgage payment last month, according to data issued days before another expected rise in the cost of borrowing.

Missed housing payments were “particularly high” among renters, said Which?, the consumer body that issued the figures, affecting one in 20 tenants surveyed.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Meet the growing numbers of homeowners who are the victims of sky-high service charges

When Kirsti Overton and her partner Chris Penfold bought their £150,000 three-bedroom…

Martin Lewis reveals what end of Stamp Duty cut means for first-time buyers

MONEY expert Martin Lewis has revealed what the end of the Stamp…