0:05 AM, 11th September 2023, About 3 weeks ago 3
An Office for National Statistics (ONS) survey has revealed that 45% of renters and homeowners say they are struggling to pay their rent or mortgage.
It also found that 52% are not having problems paying and 2% didn’t know.
However, 2% of respondents said they were behind on rent or mortgage payments and 97% were not.
When asked whether it was easy to pay the rent or mortgage, 13% said it was very easy, 39% said it was somewhat easy, while 33% said it was ‘somewhat difficult’.
The survey shows that 9% of tenants or homeowners are finding it ‘very difficult’ to pay.
The survey also found that 45% of tenants and homeowners saw their rent or mortgage rise in the past six months – that’s up from 35% in the same survey a year ago.
The ONS says: “42% reported finding it very or somewhat difficult affording these payments.”
More than half (51%) of those surveyed by the ONS said they had seen an increase in their cost of living.
And in a bid to cut rising bills, they had cut non-essentials (67%), 50% had been bargain-hunting and 45% had reduced how much they spent on food.
However, the ONS says that food costs have surged, with 52% paying more than usual in the last two weeks – up from 43% a month ago.
The ONS survey also asked people what their top concerns are for the UK.
For 89% it is the cost of living (89%), the NHS for 86%, the economy for 73% and housing for 64%.
For climate change/environment, 63% of respondents said it was a concern.