Young professionals, or yuppies, have become the "anxious majority" as concerns about their finances grow, it has been claimed.

Nigel Snell, communications director for Liverpool Victoria, asserts that the demographic group is now no better off than many families.

"They are just as worried about meeting the monthly bills, the cost of bringing up their kids and how they will fund their old age," he explains.

Secured home loans could remove some of the worry, releasing equity from property in order to provide funds for a variety of purposes.

And taking out such a form of borrowing may not be an obstacle to the 45 per cent of yuppies who admit they already live beyond their means.

The news follows recent suggestions by healthcare provider Bupa that employees should be offered greater assistance in the workplace during times of financial hardship.

Such support could encourage individuals - whether yuppies or otherwise - to consider alternatives such as secured home loans in order to tackle their debts.ADNFCR-1287-ID-18359291-ADNFCR

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