One in eleven people in Britain fear they won't be able to afford their monthly rent or mortgage payments in 2014, according to new research from the campaign group Shelter. The research was based on a YouGov survey of over 4,000 adults.
The findings show household budgets across the country at breaking point, Shelter says. Families are the worst affected, with over 70 per cent of rent or mortgage payers with children struggling or falling behind with their payments, compared with 63 per cent of the general population.
The survey also reveals a worrying trend of people unable to face up to their financial difficulties, with nearly one in five saying they had not opened post if they thought it was a bill or late payment reminder.