-
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 rise in families with children in
private rented sector over last ten years, with a million
more now compared to ten years ago (800K in 2006/7 to 1.8m
2016/17).
-
Home ownership: The number of
home owners with a mortgage has fallen by 20% over the last ten
years, while the total number of households who now own
outright has risen by 21% in the last ten years.
-
Affordability: The average
proportion of income being spent on rent by private renters is
now 41%. By comparison, mortgaged households pay on average 19%
of income.
Polly Neate, chief executive of Shelter,
said: “With the number of renters having risen
substantially over the past decade, it’s time to start paying
attention to the needs of people who rent long term, not just
those who have a chance to own.
“It would be a mistake to focus on homeownership for
the minority at the expense of families left to suffer expensive
and insecure private renting.
“To give renters a better deal, the government must
make good on its promise to massively increase the number of
affordable homes available for ordinary families to
rent.”
ENDS
Notes to editors
•Income refers to Household Reference Person &
Partner.
