{"id":7740,"date":"2016-03-12T14:00:10","date_gmt":"2016-03-12T07:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-8m-uk-adults-have-problem-debt\/"},"modified":"2016-03-12T14:12:59","modified_gmt":"2016-03-12T07:12:59","slug":"more-than-8m-uk-adults-have-problem-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-8m-uk-adults-have-problem-debt\/","title":{"rendered":"More than 8m UK adults have \u2018problem debt\u2019"},"content":{"rendered":"


\nFigures from the Money Advice Service show younger adults, larger families, single parents and renters particularly at riskOne in six UK adults have financial worries, with households in Sandwell in the West Midlands and parts of the valleys of south Wales being the most likely to be overburdened, according to latest research.The Money Advice Service, which is an independent body set up by the government to offer money guidance, estimates 8.2 million adults, or 16.1% of the population, live with problem debt \u2013 with younger adults, larger families, single parents and renters particularly at risk. Continue reading…
\n
\nSource : theguardian.com
\nRead more…More than 8m UK adults have \u2018problem debt\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Figures from the Money Advice Service show younger adults, larger families, single parents and renters...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-7740","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-20Q","jetpack-related-posts":[{"id":137103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-renters-almost-twice-as-likely-to-struggle-with-debt-than-uk-general-population\/","url_meta":{"origin":7740,"position":0},"title":"Private renters \u2018almost twice as likely to struggle with debt than UK general population\u2019","date":"May 23, 2023","format":false,"excerpt":"\r Charity says stronger protections are needed or people will be left vulnerable to \u2018hair-trigger evictions\u2019Private renters are almost twice as likely to be struggling with problem levels of debt than the general population, with a sharp rise in the numbers in serious financial difficulty since January, research shows.The figures\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/under-35s-in-the-uk-face-becoming-permanent-renters-warns-thinktank\/","url_meta":{"origin":7740,"position":1},"title":"Under-35s in the UK face becoming permanent renters, warns thinktank","date":"February 13, 2016","format":false,"excerpt":"\r Resolution Foundation says within a decade nine out of 10 Britons on modest incomes under the age of 35 will not afford home ownershipNine out of 10 Britons on modest incomes under the age of 35 will be frozen out of home ownership within a decade, according to a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/half-of-uk-adults-think-young-people-spend-too-much-to-buy-a-home\/","url_meta":{"origin":7740,"position":2},"title":"Half of UK adults think young people spend too much to buy a home","date":"June 13, 2022","format":false,"excerpt":"\r Myth of affordable housing believed by all age groups, but split likely as young and old move further apart physicallyAlmost half all UK adults believe the collapse in home-buying among young people is caused by them spending too much on takeaway food and coffees, mobile phones, holidays and Netflix,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-downsizing-trend-is-an-insult-to-young-and-poor-renters\/","url_meta":{"origin":7740,"position":3},"title":"The \u2018downsizing\u2019 trend is an insult to young and poor renters","date":"January 30, 2020","format":false,"excerpt":"\r Moving somewhere smaller and more design-efficient is sold as a lifestyle choice. Try telling that to those trapped in shoebox-sized accommodationSheri Koones, author of Downsize: Living Large in a Small House, recently suggested renaming the downsizing trend \u201cright-sizing\u201d. Koones draws on her experience of relocating from a 6,800 sq\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mitre-10-selling-properties-as-debt-spirals-135-to-161-8m-from-horrific-software-upgrade\/","url_meta":{"origin":7740,"position":4},"title":"Mitre 10 selling properties as debt spirals 135% to $161.8m from \u2018horrific\u2019 software upgrade","date":"November 28, 2024","format":false,"excerpt":"\r 'Sale of several non-strategic property assets [to] re-cycle capital, reduce debt.'\r \r Source : nzherald.co.nz\/Property\r Read more...Mitre 10 selling properties as debt spirals 135% to 1.8m from \u2018horrific\u2019 software upgrade","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10926,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/students-who-say-no-to-50000-of-debt\/","url_meta":{"origin":7740,"position":5},"title":"Students who say 'no' to \u00a350,000 of debt","date":"August 15, 2014","format":false,"excerpt":"\r Getting a degree from a UK university is an expensive business, but young people are exploring other optionsCongratulations to all the A-level students who got the grades they need and are heading to university this autumn. 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