Debt

Debt of UK households, broken down by financial debt and property debt.

Spotlight

Total household debt in Great Britain was £1.28 trillion in April 2016 to March 2018, of which £119 billion (9%) was financial debt and £1.16 trillion (91%) was property debt (mortgages and equity release).
Total household financial debt rose by £12 billion (11%) in the latest period, up from £107 billion in April 2014 to March 2016, with most of the change accounted for by increased hire purchase debt (up by £6 billion) and student loans from the Student Loans Company (up by £7 billion).
Increases in total household property debt and total household financial debt in the latest period were driven by a combination of both an increase in the number of households with debt and increasing levels of debt.

Median household net wealth in Great Britain was £302,500, a marginal increase on the previous period but a 20% increase compared with July 2006 to June 2008, after adjusting for inflation.
The wealth of the richest 1% of households was more than £3.6 million, compared with £15,400 or less for the least wealthy 10%; wealth inequality as measured by the Gini coefficient has remained stable over the last 14 years.
Median wealth was highest for households whose head was aged 55 years to under State Pension age (£553,400); the wealth of this group was 25 times higher than those aged 16 to 24 years.

Household debt: wealth in Great Britain

Households that have liquidity problems and solvency problems only
Total Wealth: Wealth in Great Britain

Total wealth is the sum of the four components of wealth and is therefore net of all liabilities.
Property wealth: wealth in Great Britain

Respondents' self-valuation of any property owned, both their main residence plus any other land or property owned in the UK or abroad.
Financial wealth: wealth in Great Britain

The values of any financial assets held including both formal investments, such as bank or building society current or saving accounts, investment vehicles such as Individual Savings Accounts, endowments, stocks and shares, and informal savings.
Household debt inequalities dataset
Households and non-profit institutions serving households sector (NPISH) debt securities data available from the various sources

Households and non-profit institutions serving households sector (NPISH) debt securities data available from the various sources

Household debt in Great Britain: April 2016 to March 2018

Household debt in Great Britain April 2016 to March 2018, taken from the sixth round of the Wealth and Assets Survey.
Household total wealth in Great Britain: April 2018 to March 2020

Main results of household wealth from the seventh round of the Wealth and Assets Survey covering the period April 2018 to March 2020.
Wealth in Great Britain Wave 5: 2014 to 2016

Main results from the fifth wave of the Wealth and Assets Survey covering the period July 2014 to June 2016.

Wealth in Great Britain Wave 3

This article uses data from the Wealth and Assets Survey (WAS) for July 2011 to June 2012 which, for the first time, included measures of personal well-being.
Economic Statistics Transformation Programme

Historical time series for the holding of debt securities and resolution of the issues and difficulties faced in developing historical estimates.
Household debt inequalities

Financial liabilities and mortgage liabilities held by individuals in private households in Great Britain