British households are five times wealthier than they were 50 years ago according to the Halifax. The average value of each household, including property, savings and investments, is around £237000 (£236998). That figure stood at around £73000 (£72719) in 1959. If debt problems are affecting your wealth it is worth looking at solutions that could help. An Individual Voluntary Arrangement (IVA) is available to people with unsecured debts over £15000 and a popular alternative to bankruptcy. However the research shows there has been a 2 percent annual rise in earnings but a 2.7 percent rise in house prices.
Brit household 5 times wealthier than 1959
May 17, 2010 By
