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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

‘Green’ home refurbishments could save billpayers money

16/02/2009

The Government has proposed a new scheme in which people will be assisted in making their homes ‘greener’, which could save the average billpayer £300 per year.

Energy and Climate Change Secretary Ed Miliband has announced that every home in the UK will be visited by teams of ‘energy advisers’, who will help to establish how each home could be made more energy efficient.

The scheme will see every home fitted with roof or wall insulation by 2015. By 2030, each home will be offered a ‘whole house’ refurbishment, including fitting renewable technology such as solar panels.

The announcement may be welcomed by the many billpayers who have struggled with rapidly rising costs of living over the past 18 months.

A spokesperson for Debt Advisers Direct commented: “Green energy schemes carry the benefit of reducing energy bills as well as being better for the environment. This scheme could help to reduce the amount of people getting into debt as a result of their fuel costs, which could be very important as traditional sources of energy become more scarce.”

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Debt Advisers Direct offer free debt advice and a range of debt solutions, including debt management plans, debt consolidation loans and IVAs (Individual Voluntary Arrangements).

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according