Millions of working families in the UK could not pay
their rent or mortgage for more than a month if they lost their job, according
to new figures from Shelter. A survey of working adults who pay rent or a
mortgage found that, with little or no savings to fall back on, 3.8 million
families could be just one paycheque away from losing their home. Worryingly
the research also found that more than a third of families would not be able to
make their next rent or mortgage payment if they were to lose their job this
month. Mirroring Shelter’s research are the latest government figures on
savings, which reveal that 15 million working age adults in the UK have no
savings at all. Read more on the Shelter website.
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