ITV News Index

 ComRes interviewed 2,043 British adults, including 606 homeowners with a mortgage, online between 31st January and 2nd February 2014, about interest rates and the recent flooding in Somerset.

CONTACT US TO FIND OUT MORE ABOUT HOW WE CAN HELP YOU
Date Published
06 Feb 2014

Further Description

 

COMRES / ITV NEWS INDEX RESULTS: INTEREST RATE RISE WOULD LEAVE A QUARTER OF MORTGAGE HOLDERS IN “SERIOUS FINANCIAL TROUBLE”

 

  • A quarter (26%) say that they would be in “serious financial trouble” if there were a rise in rates, although one third (35%) say that it would have little effect on their finances.
  •  More than half of homeowners with mortgages (57%) say that they are worried about a rise in interest rates.
  • Two in five mortgage holders (39%) say that a rise in interest rates would require them to cut back drastically on other areas of spending to keep up with their mortgage repayments.
  • However, perhaps most worrying is that a one third of homeowners with a mortgage (33%) say that they do not have a good idea of how much the monthly payments on their mortgage would increase if interest rates went up.

 

  • Two thirds of the British public (67%) say that the Government does not appear to be in control of the flooding situation in Somerset.
  • Although 71% say that it is a good use of army resources, a majority (58%) think that sending the armed forces to Somerset is too little too late to be of much help to residents already affected by the flooding.

 

  • Following on from last week’s strong GDP figures, trust in the Chancellor of the Exchequer, George Osborne, to see the country through the current economic situation hits a record high (29%) in the ComRes / ITV News Index.
  • Meanwhile, Nick Clegg is less trusted than ever to see Britain through the current economic situation, the 12% who trust him on the issue is the lowest ever in the ComRes / ITV News Index.

 

ComRes interviewed 2,043 British adults, including 606 homeowners with a mortgage, online between 31st January and 2nd February 2014. Data were weighted to be demographically representative of all GB adults aged 18+. ComRes is a member of the British Polling Council and abides by its rules.

SHARE THIS STORY