A charity is claiming that more than 450,000 people in the East Midlands are one pay check away from being unable to pay for their home
Figures from Shelter show that one in four workers in the East Midlands could not pay their rent or mortgage for more than a month if they lost their job.
The YouGov survey of working adults who pay housing costs found that 26 per cent - equivalent to almost 460,000 people – could not pay their rent or mortgage from their savings for more than a month. Alarmingly, 280,000 of these said that if they lost their jobs this April and couldn’t get a new one right away, they couldn’t pay their rent or mortgage at all.
Nationally, more than 8m workers (35 per cent) are just one pay check away from losing their home, while 43 per cent of families with children could not pay for their home for more than a month, and nearly a quarter (23 per cent) could not meet their payments at all. Overall, 3.9 million British families may be just one pay check away from losing the family home.
Campbell Robb, chief executive of Shelter, said: “These figures paint an alarming picture of a nation where the buffer between having a home and potentially becoming homeless is a single pay check. The depth of the financial pressure and insecurity felt by people in the East Midlands means that thousands are living on the edge of a crisis, only secure in their homes for a matter of weeks. At the same time, support for people who have lost their homes is being stripped away - it’s easy to see why every 15 minutes, another family in England finds themselves homeless.
“More and more people are coming to Shelter desperate for advice on how they can stay in their homes, and our services are straining to meet the demand. Anyone who can’t meet the payments on their home should seek advice as a matter of urgency. Shelter can help advise anyone who is struggling to help prevent more people going through the devastation of losing their home.”
To get advice, or to make a donation to Shelter’s advice services visit www.shelter.org.uk