One third of private renters are worried they will have to move home in the next year according to Generation Rent

One third of private renters are worried they will have to move home in the next year, according to a new Survation poll commissioned by Generation Rent. In a recent blog from Generation Rent posted by Dan Wilson Craw it mentions: ‘With home ownership unaffordable and council housing unavailable, private renters are living longer in…

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Housing white paper to be published tomorrow

The Housing White paper is to be published tomorrow and expectations are that the Government will focus on so called ‘Generation Rent’, those who are unable to get on the housing ladder due to such high property prices. The Government will be promising  to look at new ways of encouraging the building of more affordable…

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An Englishman’s home is his castle

I am not sure  who gave us the the phrase ‘An Englishman’s home is his castle’ but it appears these days less and less in England or for that matter in the UK actually own their own home, official figures show that the UK now has the fourth lowest home ownership rate in the European…

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Should government provide deposits for ‘generation rent’?

A report published last week by Localis an independent think-tank dedicated to issues related to politics, public service reform and localism headlined ‘Turning Generation Rent into Homeowners’. The report makes the case for government to provide mortgage deposits for Generation Rent, it recommends the introduction of a government-backed deposit guarantee scheme for first-time buyers. The report…

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More rent than pay a mortgage in london

New figures just out show that renters in the capital outnumber homeowners for the first time in a more than a decade,  government data released yesterday shows that last year 898,000 London households were occupied by private renters. The figures, which provide data from as far back as 2005, show that a decade ago just…

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Grim outlook for “Generation Rent”

The outlook for “Generation Rent” is not getting any better, infact according to PriceWaterhouseCoopers (PWC) it is worsening, with only one in four to be homeowners by 2025. The analysis by (PWC) has been extended to look at tenure trends across different age groups in more detail. Key findings are: By 2025, 59% of 20-39…

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