An estimated 700,000 households across the UK missed rent or mortgage payments last month, according to Which?
The consumer group based the study on a survey of 2,000 people carried out by Yonder, which indicated that around 2.5% of households had missed or defaulted on a housing payment in April.
Renters in particular struggled to meet housing payments, with 5.2% of renters surveyed missing a payment in the past month.