Shelter’s response to the government’s English Housing Survey
January 26, 2018
Find below Shelter’s response to the government’s English Housing Survey, which show:
- Overall: 63% of English households are homeowners, 20% are private renters and 17% are social renters.
- Renters: The number of households that are private renting has risen by 74% in the last ten years (2007 – 2016/17).
- There has been a particularly large rise in families with children in private rented sector over last ten years, with a million more now compared to ten years ago (800K in 2006/7 to 1.8m 2016/17).
- Home ownership: The number of home owners with a mortgage has fallen by 20% over the last ten years, while the total number of households who now own outright has risen by 21% in the last ten years.
- Affordability: The average proportion of income being spent on rent by private renters is now 41%. By comparison, mortgaged households pay on average 19% of income.
Polly Neate, chief executive of Shelter, said: “With the number of renters having risen substantially over the past decade, it’s time to start paying attention to the needs of people who rent long term, not just those who have a chance to own.
“It would be a mistake to focus on homeownership for the minority at the expense of families left to suffer expensive and insecure private renting.
“To give renters a better deal, the government must make good on its promise to massively increase the number of affordable homes available for ordinary families to rent.”
Source of information Shelter.
You May Also Enjoy
How Technology is Changing the Prime Property Viewing Experience
The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate
The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas
Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More Foxtons Lettings Market Index – March 2025
London rental market gains momentum as new rental listings surge, Foxtons data shows March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More UK’s mid-market firms show improved business growth in March but economic uncertainty continues
Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months Mid-market businesses continued to outperform the wider UK economy in March,…
Read More ONS Private rent and house prices UK – April 2025
The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More