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Credit Action Debt Statistics

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Total UK personal debt at the end of June 2008 stood at
. The growth rate increased to 7.4% for the previous 12 months which equates to an increase of ~ £98bn.
Total secured lending on homes at the end of June 2008 stood at
. This has increased 7.5% in the last 12 months.
Total consumer credit lending to individuals in June 2008 was
. This has increased 6.8% in the last 12 months.
Total lending in June 2008 grew by £4.0bn. Secured lending grew by £3.1bn in the month. Consumer credit lending grew by £0.9bn.
Average household debt in the UK is ~
(excluding mortgages). This figure increases to
if the average is based on the number of households who actually have some form of unsecured loan.
Average household debt in the UK is ~
(including mortgages).
Average owed by every UK adult is ~ £30,424 (including mortgages).
Average outstanding mortgage for the 11.8m households who currently have mortgages now stands at
~ £102,554.
Britain's interest
repayments have soared to £94.4bn
in the last 12months. The average interest paid by each household on their total debt is approximately
each year.
Average consumer borrowing via credit cards, motor and retail finance deals, overdrafts and unsecured personal loans has risen to
per average UK adult at the end of June 2008.
Britain's personal debt is increasing by
~ £1 million every 5 minutes

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  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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