Campaigning charity Shelter claims that 40% of workers suffer sleepless nights over housing costs.
In research conducted jointly for the charity and HSBC UK, says that while 40% have sleepless nights, a greater proportion of working people – 53% – say the cost of housing has made them feel anxious in the last six months.
In addition one in three claim they have had to cut back on food and groceries to afford housing costs; one in four have had to cut back on heating their home; and some 16% have had to sell possessions to meet their housing costs.
HSBC UK Head of Sustainability and Societal Purpose, Natalie Gregoire-Skeete, says: “We recognise that poor financial resilience and housing insecurity often go hand in hand.
“We are determined to support Shelter’s vital work, ensuring that those most at risk can access practical advice and vital support in moments of crisis.
“Through our renewed partnership, HSBC UK will continue to back Shelter’s community outreach and emergency services, helping people navigate these challenges and find greater stability.”
This article is taken from Landlord Today