1m families struggle with home cost

AOL Money Staff
Man worrying
Man worrying

More than a million struggling British families are spending at least a third of their income on housing costs, a think-tank has revealed.

Work by the Resolution Foundation shows 1.3 million households on low to middle incomes are spending more than they can reasonably afford on mortgage payments, rent and maintenance costs - forgoing other essentials such as food to pay their bills.