The Census and Housing

Last week saw the statistics of the 2011 Census revealed to the general public. The census covers almost every facet of life in modern Britain and, taken every ten years, provides key insights into the way the countries that make up the UK are evolving as time passes by. Housing is a part of the variety of topics covered by the Census, and so we thought we’d use this blog as an opportunity to share some of the findings concerning the UK rental market.

The Census finally put some figures alongside the ‘Generation Rent’  label, as it was revealed that the proportion of households renting privately has almost doubled from 1.9 million in 2001 to 3.6 million in 2011. The number of households with a mortgage has dropped from 8.4 million to 7.6 million, and overall home ownership also fell from 69% to 64%. Renting was especially popular in inner London where more households rented privately than had mortgages.

Housing continues to be one of the key issues in the collective consciousness of the UK. The sector is amidst turbulent times and keeping up with the latest developments can be tricky. We always try and bring you the latest key issues here at our blog but if you would like more information please feel to get in touch with us at:

http://www.lettsliving.com/