The concern over home finances comes after the Bank of England hiked interest rates 14 times in a row as it battles to bring down inflation.
Please use Chrome browser for a more accessible video playerhas indicated that interest rates increases may be nearing a peakWhich? said 79% of mortgage owners and 81% of renters described themselves as worried about housing costs in its poll of 2,000 adults, which was carried out in the month to 10 August.
The figures represent a sharp rise on the survey's findings in recent years. In August 2021, the poll found 62% of renters were worried - and in December 2021, roughly half of mortgage holders felt the same.UK inflation is slowly starting to fall , these record levels of worry about housing costs and the looming threat of higher interest rates later this month shows that for many people, the cost of living crisis is far from over.
"We'd encourage anyone who's struggling to seek free debt advice and reach out to their mortgage provider or landlord for help." She added:"As so many people face financial hardship, Which? is calling on businesses in essential sectors like food, energy and telecoms providers to do more to help customers get a good deal and avoid unnecessary or unfair costs and charges during this crisis."
Danmark Seneste Nyt, Danmark Overskrifter
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