1. World problems
  2. Arrears in payments for housing

Arrears in payments for housing

  • Arrears in rental payments
  • Arrears in home loan payments
  • Arrears in mortgage payments

Incidence

In the UK in 1989 it was reported that the number of households between 6 and 12 months in arrears on mortgage payments rose by 29% to 58,380, although the number of people failing to keep up monthly mortgage payments could be 10 times that amount. No official figures were available on arrears of less than 6 months, but according to some estimates between 6 and 7% of customers, approximately 450,000 to 600,000 families could be 2 months in arrears.

Broader

Unpaid debts
Unpresentable

Aggravates

Aggravated by

Negative equity
Unpresentable

Strategy

Value

Overpayment
Yet to rate
Home
Yet to rate
Arrears
Yet to rate

SDG

Sustainable Development Goal #11: Sustainable Cities and CommunitiesSustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
Content quality
Unpresentable
 Unpresentable
Language
English
1A4N
E4571
DOCID
11545710
D7NID
156070
Editing link
Official link
Last update
Oct 4, 2020