Archive for the ‘Debt and Young People’ Category

Debt making students live at home

by News Team on October 9th, 2006

TweetShareIn the NatWest survey, over a fifth of students now live at home, an increase of a third in just a year, with 71 per cent of students fearing that “money will be very tight”. “Concern over the cost of going to university could be one of the reasons prompting more young people to study [...]

Posted in Debt and Young People | No Comments »

Graduates downbeat about housing prospects

by News Team on October 9th, 2006

TweetShareIn Scottish Widows’ survey of graduate first-time buyers (FTBs), debt is driving many to buy a home jointly with a partner, but over two-thirds would not be able to buy them out if things go wrong. “For graduates to stand a chance of getting on the housing ladder, then both lenders and the government need [...]

Posted in Debt and Young People, Houses and Mortgages | No Comments »

Students urged to brush up on housing law

by News Team on October 6th, 2006

TweetShareIgnorance of the law is costing students dearly, housing charity Shelter claims, through payment for repairs or services that are a landlord’s responsibility, or losing money on deposits. Adam Sampson, chief executive of Shelter, said to This is Money: “By knowing where they stand and where to turn for help, students can avoid falling victim [...]

Posted in Debt and Young People, Houses and Mortgages | No Comments »

Young worried about future debt

by News Team on October 5th, 2006

TweetShareIn the Scottish Widows poll, 73 per cent of 18 to 24-year-olds were worried about their financial future and 41 per cent think that they are less prepared than their parents. George Andrew, consumer affairs spokesman at Scottish Widows, commented: “We all need to be thinking about our financial future no matter what age we [...]

Posted in Debt and Young People | No Comments »

Debt holding back the young

by News Team on October 3rd, 2006

TweetShareAccording to engage Mutual Assurance, a quarter of Britons are waiting until they are over 30 to get their first home, while debt has pushed the average marriage age up from 24 in 1986 to 27 today. Londoners suffer the most with half of the capital’s residents waiting until they are over 30 to wed, [...]

Posted in Debt and Young People | No Comments »

Debt driving students away from drink

by News Team on October 2nd, 2006

TweetShareRather than going on protest marches or lounging in the union or common room, 86 per cent of students in the LloydsTSB survey said that they would rather clear debt and get a good degree. Marcus Banks from Lloyds TSB student banking said: “Students of the noughties don’t really bear much resemblance to students of [...]

Posted in Debt and Young People | No Comments »