Increases of monthly mortgage repayments causing difficulties in Great Britain 2014

This statistic shows the levels of concern among the British adult mortgage holders with regards to their ability to pay back their mortgage payments if the rate increased by certain amounts, as of July 2014. Approximately 21 percent of respondents claimed to have no difficulties with repaying their loans if there were any increases in their monthly mortgage payments. At the same time, already 6 percent claimed to would have encountered difficulties, had the rate increased by 24 GBP or less per month.

What is the smallest amount your monthly mortgage repayments would have to increase for you to find it difficult to afford it?

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Sources

In cooperation with
Ipsos
Release date

August 2014

Region

United Kingdom (Great Britain)

Survey time period

July 4 to July 21 2014

Number of respondents

1,090 respondents

Age group

16+

Method of interview

Omnibus survey

Supplementary notes

Data has been weighted to the known national profile of mortgage holders according to gender, age, working status, region and ethnicity.

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