January will be one of the busiest months ever for debt charities, according to Citizens Advice and National Debtline.
A combination of overspending on Christmas and longer-term financial problems will result in many people asking for money advice this month, The Guardian reports. The paper says: ‘Citizens Advice expects more than 370,000 people to seek help on a range of financial issues including post-Christmas debts over the next two months. National Debtline, which took an average of 715 calls a day in December and helped more than 40,000 people online last month, said it expected January to be its busiest month in several years.’
Housing
The Government says that thousands of homes for first-time buyers will be built during 2016.
The BBC reports that 30 areas across England are to receive funding from the £1.2 billion ‘Starter Homes Land Fund’ for the new developments on brownfield sites. In order to quality for a discount of at least 20 per cent below market value, buyers must be aged between 23 and 40.
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