Posts Tagged ‘home ownership’
Home ownership rates for families aged 25-34 are rising for the first time in 30 years according to Resolution Foundation
Home ownership rates for families aged 25-34 are rising for the first time in 30 years, but high barriers to entry facing first-time buyers remain acute, according to new analysis recently published by the Resolution Foundation. Home ownership rates among 25-34 year olds have risen by 3 per cent since they hit the rock bottom…
Read MoreShelter’s response to the government’s English Housing Survey
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…
Read MoreOne 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…
Read MoreGovernment low-cost home ownership schemes and their effect on social mobility
Recent research and analysis publication 3rd July 2017 on the Gov.Uk website from Social Mobility Commission headlines ‘Low-cost home ownership schemes’. Research looking at government low-cost home ownership schemes and their effect on social mobility. The research finds: Many low-cost home ownership schemes are more likely to benefit better-off buyers. Many schemes are of out of…
Read MoreAn 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…
Read MoreHome ownership falls to lowest level for 30 years
English home ownership has fallen to levels last seen in 1986 according to analysis by the Resolution Foundation thinktank published today (2/8/2016) The analysis shows that having peaked at 71% in 2003, the proportion of people owning their own home across England has fallen steadily over the last decade by eight percentage points. It shows…
Read MoreOver 150,000 completions under Help-to-Buy
Over 150,000 people have achieved their aspiration of home ownership thanks to the government’s flagship housing scheme Help to Buy, according to a recent announcement from the Department for Communities and Local Government. Since the launch of the Help to Buy equity loan and mortgage guarantee schemes: Over 150,000 completions under the scheme have taken…
Read MoreMore 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…
Read MoreHelp to Buy (Scotland)
The Cabinet Secretary for Social Justice, Communities and Pensioners’ Rights, Mr Neil, launched the Help to Buy (Scotland) Affordable New Build and Help to Buy(Scotland) Smaller Developer schemes on 21st January 2016, the three-year, £195 million scheme will include over £58 million for increased support for purchases from small developers. New funding of around £160m…
Read MoreMassive housing boost from Persimmon
The Chancellor of the Exchequer George Osborne welcomes the massive housing boost from Persimmon, they have announced to build over 80,000 homes and create 1000 jobs over the next five years. The 1,000 new employees will join Persimmon’s existing 4,500-strong workforce, which in the past year has included 200 young apprentices. The company started work…
Read MoreHome buyers website launched by government
The Government has lauched a website to help hard working people who are looking to own their own home: The new website brings home ownership schemes together including Right to Buy, Help to Buy and the Help to Buy: ISA available from 1 December. According to the British Social Attitudes Survey, 86% of people have…
Read MoreResponse by the NHF
In a press release by the The National Housing Federation they responded to an announcement in The Times over the weekend to housing commitments from Prime Minister David Cameron and Chancellor George Osborne. Prime Minister David Cameron outlined plans on Saturday to accelerate house-building over the next five years and raise the inheritance tax threshold…
Read MoreFall in home ownership
According to the 2011 Census released today by the ONS, the proportion of owned homes in 2011 decreased by 5 percentage points, the first fall in a century, more than half (64%, 15.0 million) of the 23.4 million households in England and Wales were owner occupied, however this was a decline from 69% in 2001.…
Read MoreHouse builders shares drop
Some of the biggest names in UK housebuilding took a hit Monday on the stockmarket as Labour’s plans to impose tighter rules on landlords emerged. This drop in housebuilding stocks comes as no surprise, we already have the Labour party threatening a Mansion Tax and the abolishion of Non Dom Staus, now rent caps and…
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