A third worry over homes.ONE in three Britons is worried their home may be repossessed, with three-quarters Noun 1. three-quarters - three of four equal parts; "three-fourths of a pound" three-fourths common fraction, simple fraction - the quotient of two integers three-quarters npl → of people claiming the Government should do more to help struggling homeowners, a survey showed today. Around 35% of people with a mortgage say they are worried to some degree that they may lose their property. Six out of 10 workers said they were concerned they or their partner may lose their job, with 43% saying they would not be able to keep up with their mortgage if the main earner in their household was out of work. A quarter of homeowners are also worried they could go into negative equity during the coming year. Problems in the housing market have also highlighted the risks of borrowing a high proportion of their property's value, with 77% saying they thought 100% mortgages should be banned. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion