People Struggling with Housing Payments

The video discusses the financial struggles faced by Mandy, a mother from West Sussex, who resorted to payday loans. Her story highlights a broader national issue, with millions struggling to pay rent or mortgages. The housing charity Shelter reports a significant increase in people falling behind on payments and turning to payday loans. Concerns are raised about the impact of potential interest rate hikes, which could worsen the situation for those on tracker mortgages. The video also emphasizes the lack of a reliable housing safety net, leaving many vulnerable.

What financial decision did the mother of two regret?

According to the housing charity Shelter, how many people are struggling to keep up with rent or mortgage payments?

What are some of the actions people take when they struggle to pay their rent?

What might happen to those on tracker mortgages if interest rates rise?

What is the current situation regarding the housing safety net according to the text?