UK Debt Statistics*
May 2010
Today in the UK:
- Total UK personal debt stood at £1,460bn (end of March 2010).
- Average household debt in the UK is £18,324, including unsecured loans (excluding mortgages).
- Average household debt in the UK is £57,950 (including mortgages).
- Typical first time buyer deposit was 25% (£39,683).
- 650,000 homeowners have some degree of negative equity.
- Average house price stands at £204,359 in UK (£211,299 England).
- Unemployment increased by 1,011 people every day during 12 months (to end of Feb 2010).
- 126 properties will be repossessed today.
- 390 people today or 1 every 3.69 minutes will be declared insolvent or bankrupt.
- 2,000 Consumer County Court Judgements (CCJs) issued in the first 3 months of 2009.
- 21.9m plastic card transactions will be made today with a total value of £1.05bn.
- More credit cards in the UK than people.
- 14 million Brits are using their cards to fund day to day expenses.
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The average car will cost £15.30 to run today.
*Compiled by Credit Action
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