Overcast

Overcast

max temp: 18°C

min temp: 10°C

ESTD 1874 Search

The pigs have arrived. See the latest

Pigs Gone Wild

news here.

East of England: Shelter warns that thousands of families are living on a ‘financial knife-edge’

09:48 14 April 2014

Thousands of people would be unable to pay their mortgage if they lost their jobs.

Thousands of people would be unable to pay their mortgage if they lost their jobs.

Nearly half of all working families in the East of England are living on a “financial knife-edge” after new research showed they are just one pay cheque away from losing their home.

Homeless charity Shelter has published new research that reveals that more than 350,000 families with children in the region could not pay their rent or mortgage if they lost their job.

Liz Clarke, a helpline advisor at Shelter, said: “This research highlights the financial knife-edge that millions of us now find ourselves on - living month to month, pay cheque to pay cheque.

“Every day we see the proof that just one piece of bad luck, like a sudden job loss or illness, could tip any of us into a spiral that puts the family home at risk.”

The YouGov survey found that 45% of all working families in the east, with little or no savings to fall back on, were just one pay-cheque from losing their homes.

More than a quarter of families surveyed (26%) also said they would be unable to make the next payment on their home if they lost their job and did not immediately find another.

Campbell Robb, Shelter’s chief executive, said: “Finding another job is hard enough but without a stable place to live it’s almost impossible.

“No matter how hard ordinary families work in today’s ‘knife-edge nation’ any drop in income can all too quickly put their home at serious risk.”

People worried about losing their home can contact Shelter for free on 0808 800 444 or at www.shelter.org.uk/advice.

1 comment

  • It is not only families that are 'living on a knife-edge' !, this so called government are in their 'dying days' !, roll on May 2015 !!

    Report this comment

    freedomf

    Monday, April 14, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

Doctors say the shortfall could affect some services

Doctors have warned that a multimillion pound hole in Suffolk’s health budget could bring about a more “chaotic” service with patients denied drugs and treatments.

Village shops in The Street, East Bergholt, where a Land Rover was found abandoned following a raid on the Co-op this morning

A four-wheel-drive car, thought to have been stolen yesterday afternoon, was found dumped at the scene of a raid on a Co-op branch in the early hours of this morning.

Dave Lock decompressing on the line

Scuba divers searching the first British warship to sink in the First World War have made a “remarkable” discovery.

The scene of a fatality at the Gipsy Lane pedestrian rail crossing

Network Rail faces a potential multi-million pound payout after admitting safety failures at a rail crossing where an 82-year-old Suffolk actress was killed.

Worker admits theft by employee

A building society customer manager has admitted stealing £17,500 from her employer.

Gabriella Keating Fedders with her Pigs Gone Wild sculpture The Ham-Inator

The Pigs Gone Wild trail is live, opening up art to the public and a new generation as they wander round town spotting the elaborately decorated sculptures.

Borough councillor Richard Pope.

The emphasis of immigration during the last weeks of the referendum campaign has led to an increase in the amount of abuse being aimed a European workers on the streets of Suffolk, councillors in Ipswich have heard.

Most read

Great Days Out

cover

Click here to view
the Great Days Out
supplement

View

Most commented

HOT JOBS

Show Job Lists

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

Great British Life

Great British Life
MyDate24 MyPhotos24