One in three families 'a paycheck' away from homelessness

clock • 1 min read

One in three families in England could not pay their rent or mortgage for more than a month if they lost their job or were unable to work, a study for the charity Shelter suggests.

The online survey by YouGov for Shelter polled 8,381 adults including 1,581 people in working families with children. High housing costs, the welfare system and a lack of personal savings are cited by the charity as reasons for this. Shelter chief executive Campbell Robb said the figures showed working families are "stretched to breaking point". "These figures are a stark reminder that sky-high housing costs are leaving millions of working families stretched to breaking point, and barely scraping by from one pay cheque to the next. "Any one of us could hit a bump along life's ro...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Stonebridge adds new Homeowners Income Protection to offering

Stonebridge adds new Homeowners Income Protection to offering

Partnership with Wessex Group

Jaskeet Briah
clock 16 April 2024 • 2 min read
Dentists' Provident releases annual report

Dentists' Provident releases annual report

£5.2m paid in sickness claims

Cameron Roberts
clock 12 April 2024 • 1 min read
Record week for IP: iPipeline

Record week for IP: iPipeline

Activity 8% higher than previous record

Cameron Roberts
clock 02 April 2024 • 1 min read