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Almost 10% of Britons fear mortgage or rent default

One in 11 Britons is afraid of defaulting on their rent or mortgage, according to data published by housing charity Shelter.

Based on a YouGov survey of 4,000 UK adults, the findings show the extent to which household budgets are strained and shows families are worst affected.

Results show 70 per cent of rent or mortgage payers with children are struggling or falling behind with payments – or  63 per cent of the population.

Shelter chief executive Campbell Robb says: “It is worrying that so many are starting the New Year worried about how they will pay their rent or mortgage in 2014. Unless they get help, some families struggling now could face the real prospect of losing their home this year.”

Chartwell Healthcare operations director Robert Winfield says: “This comes as a surprise to be honest. Looking at the level of enquiries we saw in December, it would not appear to back up these claims.”

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