Borrowing Data

Household debt statistics in the United Kingdom 2026

Last updated November 2026 · Data to September 2026 · United Kingdom

Household debt figures for the United Kingdom, from the Bank of England, the Financial Conduct Authority, StepChange, Citizens Advice and the ONS.

18%

Over-indebted adults

In 2024, 18 per cent of adults in the United Kingdom were over-indebted.

Source: Financial Lives 2024 survey: Forbearance & debt advice, underlying data for charts, Financial Conduct Authority, 2024

Survey estimate, base all UK adults, rounded to whole per cent by the publisher; fieldwork 5 February to 16 June 2024; Over-indebted: in financial difficulty or finding keeping up with bills and credit commitments a heavy burden

8%

Adults in financial difficulty

In 2024, 8 per cent of adults in the United Kingdom were in financial difficulty, having missed domestic bills or credit commitments in three or more of the previous six months.

Source: Financial Lives 2024 survey: Vulnerability & financial resilience, underlying data for charts, Financial Conduct Authority, 2024

Survey estimate, base all UK adults, rounded to whole per cent by the publisher; fieldwork 5 February to 16 June 2024

24%

Low financial resilience

In 2024, 24 per cent of adults in the United Kingdom had low financial resilience.

Source: Financial Lives 2024 survey: Vulnerability & financial resilience, underlying data for charts, Financial Conduct Authority, 2024

Survey estimate, base all UK adults, rounded to whole per cent by the publisher; fieldwork 5 February to 16 June 2024; Low financial resilience: in financial difficulty, heavily burdened by bills or credit commitments, or low savings

7%

Adults with problem debt

In January 2026, 7% of UK adults surveyed showed signs of problem debt (three or more signs of financial difficulty).

Source: Navigating through the cost of living crisis and beyond (July 2026 analysis paper), StepChange, January 2026

Cost of living polling analysis paper, July 2026: online survey of UK adults (18+) commissioned by the charity, weighted to be representative; January 2026 wave had 2,179 respondents, fieldwork 19-20 January 2026. Problem debt means selecting three or more of the Q2 behaviours.

28%

Signs of financial difficulty

In January 2026, 28% of UK adults surveyed showed at least one sign of financial difficulty.

Source: Navigating through the cost of living crisis and beyond (July 2026 analysis paper), StepChange, January 2026

Cost of living polling analysis paper, July 2026: online survey of UK adults (18+) commissioned by the charity, weighted to be representative; January 2026 wave had 2,179 respondents, fieldwork 19-20 January 2026. Signs of financial difficulty are the seven behaviours in the paper's Q2 table.

22%

Borrowing more than usual

In the period 2 to 27 September 2026, 22% of adults in Great Britain reported having had to borrow more money or use more credit than usual in the last month, compared with a year earlier.

Source: Public opinions and social trends, Great Britain: household finances, 2 to 27 September 2026 edition, Office for National Statistics, September 2026

Opinions and Lifestyle Survey trend table, fieldwork 2 to 27 September 2026 (the survey period ending in September of that year). Adults aged 16 and over, Great Britain; 95% confidence interval 20 to 24 percent. Earlier periods use the same published question.

28%

Unaffordable £850 expense

In the period 2 to 27 September 2026, 28% of adults in Great Britain reported that their household would be unable to afford an unexpected but necessary expense of £850.

Source: Public opinions and social trends, Great Britain: household finances, 2 to 27 September 2026 edition, Office for National Statistics, September 2026

Opinions and Lifestyle Survey trend table, fieldwork 2 to 27 September 2026 (the survey period ending in September of that year). Adults aged 16 and over, Great Britain; 95% confidence interval 25 to 30 percent. Earlier periods use the same published question.

6%

Unpaid bill

In the period 1 July to 27 September 2026, 6% of adults in Great Britain reported having a direct debit, standing order or bill they had not been able to pay in the past month.

Source: Public opinions and social trends, Great Britain: household finances by personal characteristics, 1 July to 27 September 2026, Office for National Statistics, Q3 2026

Opinions and Lifestyle Survey fieldwork 1 July to 27 September 2026 (13 weeks, published 16 October 2026). Adults aged 16 and over, Great Britain. Table question: Have you had a direct debit, standing order, or bill you have not been able to pay in the past month? [note 1][note 2][note 3][note 4][note 5][note 6][note 7][note 8][note 9] Sample size 10680; 95% confidence interval 6 to 7 percent.

50%

Households with financial debt

50% of households in Great Britain had financial debt in April 2020 to March 2022.

Source: Household debt: wealth in Great Britain, Table 7.1, Office for National Statistics, 2020 to 2022

Share of all households. Wealth and Assets Survey round covering April 2020 to March 2022 (two survey years).

4%

Households with problem debt

4% of households in Great Britain had problem debt in April 2020 to March 2022.

Source: Household debt: wealth in Great Britain, Table 7.15, Office for National Statistics, 2020 to 2022

Problem debt is defined by the publisher as having liquidity problems, solvency problems or both.

11%

Financial debt a heavy burden

11% of individuals with financial debt in Great Britain found their financial debts a heavy burden in April 2020 to March 2022.

Source: Household debt: wealth in Great Britain, Table 7.7, Office for National Statistics, 2020 to 2022

Self-reported burden. Percentages may not sum to 100 due to rounding.

£4,600

Median household financial debt

The median financial debt of households in Great Britain with financial debt was £4,600 in April 2020 to March 2022.

Source: Household debt: wealth in Great Britain, Table 7.1, Office for National Statistics, 2020 to 2022

Median among households that hold this type of debt (households without it are excluded). Nominal terms.

£1,410bn

Total household debt

Households in Great Britain owed £1,410 billion in total debt in April 2020 to March 2022.

Source: Household debt: wealth in Great Britain, Table 7.1, Office for National Statistics, 2020 to 2022

Aggregate amount owed by all households with this debt, nominal terms, as published in billions of pounds.

Key points

The ratio of household debt to income in the United Kingdom was 116.5% in Quarter 2 2026. The 12-month growth rate of lending to individuals, excluding student loans, was 4.2 per cent in the United Kingdom in September 2026. In 2024, 18 per cent of adults in the United Kingdom were over-indebted.

Frequently asked questions

What was the ratio of household debt to income in the United Kingdom in Q2 2026?

The ratio of household debt to income in the United Kingdom was 116.5% in Quarter 2 2026.

What was the 12-month growth rate of lending to individuals in the United Kingdom in September 2026?

The 12-month growth rate of lending to individuals, excluding student loans, was 4.2 per cent in the United Kingdom in September 2026.

What share of adults in the United Kingdom were over-indebted in 2024?

In 2024, 18 per cent of adults in the United Kingdom were over-indebted.