The number of privately rented homes has almost doubled since 2001, according to the latest English Housing Survey from the government.
Published today (February 23rd) by the Department of Communities and Local Government, the survey outlines trends in tenure and accommodation in the housing market.
Property investors will be heartened to know that privately rented accommodation accounted for 14.2 per cent of households since 2008-09, compared to a share of only 10 per cent in 2001.
In addition, the number of households renting privately has risen three-fold since 2001, from 2.1 million to 3.1 million – though there has been only a marginal corresponding decrease in the number of owner-occupiers.
However, the report did compare unfavourably the standard of accommodation between the private and the social housing sector, as well as sustainability standards.
Overall, though, the number of homes with condensing boilers has increased since 2005, when regulations were introduced.
Other findings of the report included that couples with non-dependent children constituted the largest group of owner-occupiers and the most common kind of household.
See Also: Property News (6711)
Date Published: 23 February 2010
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