Increase in debt advice

PUBLISHED: 02:01 03 April 2008 | UPDATED: 08:57 10 June 2010

THE NUMBER of people with mortgage arrears has risen by more than a third this year according to the latest figures by the Citizens Advice Bureaux. The Exmouth office is bracing itself for an influx of people seeking financial help after figures release

THE NUMBER of people with mortgage arrears has risen by more than a third this year - according to the latest figures by the Citizens Advice Bureaux.The Exmouth office is bracing itself for an influx of people seeking financial help after figures released showed a growing trend of people not able to pay their mortgages. The national survey carried out by the charity, based on numbers compared to 2007, reported 215,000 new debt problems being handled in the months of January and February.Teresa Perchard, director of policy for Citizens' Advice, said: "These latest figures paint a worrying picture, suggesting a significant number of households are struggling to meet their most basic living costs."In Exmouth, the number of people seeking help for money issues and debts has been steadily increasing in the past few years and the post-Christmas period has seen a significant increase of problems with loans and credit cards.There has also been an increase in difficulties relating to basic essentials such as gas and electricity, water, telephone and council tax debts.Judy Blackwell, deputy manager of the Exmouth bureau, said: "We have seen an increase of people wanting to go bankrupt, people who are just managing to cope and just about paying their mortgage. We will see a greater number of people coming in."The Citizens' Advice service is a network of independent charities that help people resolve their money, legal, and other problems by providing information and advice and by influencing policymakers. Ms Blackwell, a CAB employee for 10 years, said: "Every third person who comes in needs financial help. The issues are a lot more serious than 10 years ago. Now we sometimes get four or five a day with debt problems. It is quite difficult at times because we get people who have really bad problems."The CAB is urging people who have debt problems to get help straight away and get free, confidential advice from the volunteers who run the charity.

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