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
  • Amenities » Households
  • Amenities » Housing, tenants
  • Commerce » Credit
  • Commerce » Currency
  • Commerce » Finance
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    E4571
    DOCID
    11545710
    D7NID
    156070
    Last update
    Oct 4, 2020