Mortgage Payments Priority for Brits
Mortgage payments and fuel bills top the list of things which Brits are most concerned about, according to research published by Abbey.
In the time of the credit crunch, it is no surprise that 41% of those surveyed admit that paying their monthly bills is their most important priority. Keeping tabs on their debt management issues was viewed more important than having a good work/life balance or having a pleasant home.
Phil Cliff, director of Abbey Mortgages, commented that: “Concerns about the economy are definitely being reflected in the UKs spending habits as Brits would rather put money into their home and ensure they can pay their monthly energy and mortgage bills.”