A new survey has found that more than 40 percent of UK homeowners would not be able to survive financially for more than three months if they lost their job. The research, carried out for Property Portfolio Rescue, found that 17 percent of homeowners could only last financially for between three and six months and 11 percent of them for up to a year. It also found that many of them did not have a backup plan or any additional funding to rely on and quickly got into debt if they were made redundant. A good solution for people owing more than £15000 in unsecured debts like credit cards and personal loans are Individual Voluntary Arrangements. Why not call us now to see how an IVA arranged through Debt Free Direct could help you to get out of debt?
UK home owners not prepared for redundancy
June 10, 2010 By
