Inter-Family Debt: Home | Budget Calculator | News Release | Regional Statistics
Regional statistics
| Inter family debt |
National |
London |
Midlands |
East Anglia |
Wales West |
South West |
South |
Lancs |
North East |
Yorkshire |
Scotland |
| Financial debt has caused people to fall out with loved ones |
17% |
16% |
17% |
18% |
17% |
14% |
23% |
18% |
13% |
13% |
17% |
| People who have loaned money to family members during the last ten years (1997 – 2007) |
51% |
49% |
47% |
49% |
52% |
49% |
43% |
57% |
54% |
53% |
55% |
| % of people who have lent money to family members over the last 10 years who have been owed over £10,000 |
4% |
4% |
3% |
5% |
4% |
2% |
6% |
4% |
|
4% |
2% |
| % of people who have lent money to family members over the last 10 years who have been owed over £5,000 |
8 % |
9 % |
9 % |
8 % |
13 % |
2 % |
10 % |
6 % |
|
7 % |
8 % |
| Parents who lent the largest single amount of money to their children during the last ten years |
47% |
33% |
50% |
53% |
57% |
56% |
51% |
52% |
|
57% |
37 % |
| Children who lent their parents the largest single amount of money during the last ten years |
12% |
18% |
11% |
6% |
6% |
13% |
11% |
11% |
|
13% |
13 % |
| Respondents who lent a family member the largest single amount of money during the last ten years to pay their bills off |
22% |
23% |
21% |
28% |
18% |
16% |
21% |
26 % |
|
24% |
21% |
| Respondents who lent a family member the largest single amount of money to pay for their household repairs |
3% |
3% |
3% |
2% |
1% |
6% |
3% |
3 % |
|
2% |
5 % |
| Respondents who lent a family member the largest single amount of money to purchase their property |
8% |
7% |
7% |
8% |
7% |
5% |
9% |
10 % |
|
7% |
11 % |
| Respondents who lent a family member the largest single amount of money to buy a car |
11% |
6% |
16% |
9% |
12% |
20% |
16% |
11 % |
|
13% |
7 % |
| Lenders who felt disheartened because they believed their money had been used unwisely |
6% |
5% |
8% |
7% |
9% |
7% |
7% |
1% |
10% |
6% |
1 % |
| Lenders who felt it took their family members too long to pay the money back |
7% |
11% |
7% |
7% |
3% |
5% |
8% |
2% |
7% |
5% |
7 % |
| Lenders who said their family made no attempt to pay back the money borrowed |
7% |
5% |
6% |
11% |
5% |
12% |
8% |
7% |
15 % |
7% |
3 % |
| Lenders who said their family took them for granted |
10% |
10% |
9% |
13% |
15% |
13% |
7% |
9% |
11% |
9% |
6% |
| Lenders who admitted they were reluctant lenders and were pressured into the loan |
9% |
6% |
10% |
11% |
12% |
8% |
10% |
8% |
11% |
10% |
8% |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.