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.

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