15 Million Bill Payments Missed Every Year As Cost Of Running The Nation's Homes Tops £405 Billion (1)
Brits have missed 15 million bill payments worth a total of £882 million in the last 12 months03 March 2014
Households are forking out £33 billion collectively a month on essential bills, or £405 billion each year – that’s a £1,360 burden per household each month. A quarter of those polled are paying more than £500 a month on mortgage or rent payments, with five per cent of those polled spending in excess of £1,000 just to keep a roof above their heads. Respondents admit that financially this is the hardest bill to cover and eight per cent who pay this bill have missed at least one rent or mortgage payment in the last year – a staggering 2.2 million people.