You are here: Home - News -

Survey reveals fear of meeting repayments

by:
  • 12/09/2002
  • 0
36% of householders fear not being able to meet their mortgage repayments in the next four months, w...

36% of householders fear not being able to meet their mortgage repayments in the next four months, with fears greatest in the South East, according to the CPP Group. The bank card insurer, who regularly survey 2000 people, claims this figure, up 5% on April this year, is an indication that people are taking on more than they can afford. The age group most concerned about mortgage repayments is between 35 and 44, where 50% fearing a default on their payments. Regionally, 42% of those in the South East, where average house price is £157,414, expressed a fear, compared to just 30% in April.


Tags

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Mortgage Event 2002 gaining momentum

Over 1,500 brokers have now pre-registered for Mortgage Event 2002, the largest mortgage event of th...

Close