Mortgage holders cutbacks to cover 100 GBP repayment increase in Great Britain 2014

This statistic shows the cutbacks of expenses, which mortgage holders in Great Britain would be willing to make in order to cover their mortgage repayments, if their monthly mortgage rate was to increase by 100 British pounds, as of July 2014. Approximately 38 percent of respondents claimed to decrease expenditures on leisure and 37 percent to cut their holiday spending, if this was the case.

If the monthly amount you currently spend on your mortgage was 100 GBP higher, which of these, if any, would you be most likely to cut back on?

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Sources

In cooperation with
Ipsos
Release date

August 2014

Region

United Kingdom (Great Britain)

Survey time period

July 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.
The exact question asked was the following: "Regardless of the type of mortgage you have, if the monthly amount you currently spend on your mortgage was 100 GBP higher, which of these, if any, would you be most likely to cut back on to cover the new amount? "

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