Home ownership at 30-year low

Just 62.9% of England’s population owns their home – the lowest proportion since 1985. And the private rented population now stands at 4.5m households, up on last year and bigger than in 1961, when slum landlords like Peter Rachman were making tenants’ lives a misery.

These are the big findings of the English Housing Survey Headline Report, the first of two releases of the government-commissioned survey for 2015-16.

At this rate, there will be more private renters than mortgage holders in just five years’ time. It’s already the largest tenure in London.

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Individual Advice

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