The latest English Housing Survey report is out today with the highlights of their findings for 2016-17.
The private rented sector has continued to grow. The population now stands at 4.7m households, with 27% of families renting from a private landlord.
It is once again the largest tenure in London (if you separate outright and mortgaged ownership), and its doubling outside the capital in the past decade illustrates the national impact the housing crisis has had.
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.
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.
The latest evidence is from the English Housing Survey, which revealed in July that up to 69% of tenants living in unsatisfactory homes are discouraged from moving out because of the cost of agent fees. It also suggests the scam is worth around £115m a year.*Read more
As is so often the case in the week before politicians break for the summer, we’ve had a raft of announcements, predictions and indicators in the last week – including a number of focused reports today from English Housing Survey data.
Coupled with announcements made at yesterday’s Mayoral Question Time (the last until September), private renters in London have a diagnosis and some solutions to ponder over the summer.
But equally, it is hoped that these reports will have brought added impetus to plans being written by the housing team at City Hall, ready to hit the ground running after the summer.Read more
A flurry of news reports in the past week have told many of us what we're already thinking: more private renters are facing a lifetime of renting.
First, the Resolution Foundation said that, in ten years' time, 90% of under-35s on modest incomes will be renting for life.
Then, PwC said 40% of Londoners will be renting from a private landlord by 2025.
And today, the government-commissioned English Housing Survey found that 57% of private renters expect to buy their home - down from 61% in the previous year's report.Read more
Today the Department for Communities and Local government released some of the datasets underpinning the latest English Housing Survey (comprising of data up to the year 2013/2014, the most recent we have) and the central finding is no longer surprising – the private rented sector continues to grow.Read more
Renters are 75% more likely to experience serious anxiety and depression than home-owners, according to a Survation poll commissioned by Generation Rent which we are publishing today. Nearly two in five people who rent their home say they have experienced serious anxiety or depression in the past year. One in five (21%) homeowners reported similar experiences.Read more