x
By using this website, you agree to our use of cookies to enhance your experience.
Graham Awards

TODAY'S OTHER NEWS

Private rental sector growth highest in the north

The proportion of the population in the private rented sector in England has risen three per cent in the past decade.

Research by lettings firm Ascend Properties, analysing government data, shows that owner occupied properties make up 63.9 per cent of the market in England, with private rentals on 19.4 per cent and housing associations or local authorities accounting for 16.7 per cent.

The research shows that across England, the number of people residing within the rental sector has increased by three per cent from 16.4 a decade ago, to 19.4 per cent today.

Advertisement

 

 

The agency estimates there has been an increase of 1.022m dwellings in the private rental tenure; with an average of 2.3 people to a dwelling means there are now an estimated 2,360,495 more people living in the private rental sector.

The North West, Yorkshire and the Humber, and West Midlands have seen the largest increases since 2011.

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.

  • icon

    I like my properties near to hand, a max of 30 miles from home, I'm very happy living in Norfolk and my 5 - 6 % yields based on today's values, based on purchased prices most would be much higher, but that's inflation, I'm not coming up north.

icon

Please login to comment

MovePal MovePal MovePal
sign up