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UK Debt Statistics*

September 2009

Today in the UK:

  • Total UK personal debt stood at £1,457bn (end of July 2009).
  • Average household debt in the UK is £21,457, including unsecured loans (excluding mortgages).
  • Average household debt in the UK is £58,280 (including mortgages).
  • Typical first time buyer deposit was 25% (£36,822).
  • 900,000 homeowners have some degree of negative equity.
  • Average house price stands at £191,423 in UK (£197,079 England).
  • 3,036 people made redundant everyday.
  • 125 properties will be repossessed today.
  • 362 people today or 1 every 3.97 minutes will be declared insolvent or bankrupt.
  • 2,000 Consumer County Court Judgements (CCJs) issued in the first 3 months of 2009.
  • 20.8m plastic card transactions will be made today with a total value of £1.03bn.
  • 3.32m card applications were rejected in the last year.
  • 1.2m people were turned down for increased credit limits.
  • The average car will cost £16.80 to run today.

*Compiled by Credit Action

 

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