Number of Empty Homes at its Lowest

Figures released by the Government yesterday shows that the number of empty homes is now at its lowest level since records began.

A Housing statistical release by The Department for Communities and Local Government on Dwelling Stock Estimates 2015 England.

There were 23.5 million dwellings in England at 31 March 2015, an increase of 171,000 dwellings (0.73%) on the same point the previous year.

14.7 million dwellings were owner occupied dwellings, 4.7 million private rented dwellings and 4.0 million social and affordable rented dwellings (Private Registered Providers plus Local Authority).

Between March 2014 and March 2015, the private rented dwelling stock increased by 125,000 and the owner occupied stock increased by 37,000. The social and affordable rented stock increased by 19,000 dwellings and the other public sector stock decreased by 9,000 dwellings.

There were 600,179 vacant dwellings in England on 5 October 2015, a decrease of 9,944 (1.6%) from 610,123 on 6 October 2014

Long – term vacant dwellings numbered 203,596 on 5 October
2015, a fall of 2,225 (1.1%) from 205,821 on 6 October2014.

These figures showed show an increase in the number of owner-occupied homes in the past year, after seven years of decline, starting in 2007.

The government has introduced a number of measures to get homes back into use that have stood empty for years.

Read the full report on the Gov.UK website click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Changes to mortgage affordability to support sales as house price growth cools

House price growth has slowed to 1.6 per cent annually, down from 1.9 per cent at the end of 2024, as buyer interest cools and the number of homes for sale continues to expand Buyer demand is one per cent higher than a year ago, while the number of homes for sale is 12 per…
Read More
Love or Hate Rightmove
Breaking News

Rents rise to new record despite boost in supply

The average advertised rent of homes outside of London has risen to a new record this quarter of £1,349 per calendar month (pcm), however it is the smallest increase in rents at this time of year since 2020: London rents also rise by 0.1% (+£3) to a 14th consecutive new record of £2,698 pcm this quarter…
Read More
Breaking News

Size Matters in Planning

The House Builders Association (HBA), the housebuilding division of the National Federation of Builders (NFB) has reignited its campaign for the planning system to adopt five clear site size definitions, replacing the current, arbitrary ones of ‘Minor’ (one to ten homes) and ‘Major’ (ten and above). Richard Beresford, Chief Executive of the NFB, said: “In…
Read More
Breaking News

Popping the Asking Price Bubble

Where in the Uk Can Buyers Snap Up Property Bargains and Where Properties Go for a Premium Above Asking Price   New research from fast selling property company, Upstix has uncovered the UK’s most surprising postcodes for snapping up a property at bargain prices this year, highlighting a widening gap between sellers’ expectations and the…
Read More
Rightmove logo
Breaking News

Highest demand to lease office space since pre-pandemic

The latest insights from the UK’s number one commercial property website Rightmove, reveals that the number of unique enquiries to lease office space is at its highest point since pre-pandemic, as businesses look for spaces that meet modern requirements. Demand to lease office space is 19% higher than the same period a year ago and…
Read More
Planning disputes on new build land
Estate Agent Talk

Planning consultations for major infrastructure to be streamlined

Robert Bruce, a planning and infrastructure partner at law firm Freeths LLP, said he: “Welcomed the change as a significant step to speeding up the DCO process and the focus on the quality and effectiveness of the consultation, rather than box ticking and a risk averse approach to pre-application consultation due to the current legal…
Read More