One In Six Families Now Living In Private Rented Sector
The needs of families living in the private rented sector are becoming increasingly important after the number of households with children living in rented accommodation has doubled in ten years, says a new report.
The Building and Social Housing Foundation’s report, ‘Who lives in the private rented sector?’, found there were 588,016 households with children living in the private rented sector in 2000/01. The number rose to 1.2m in 2009/10. The percentage of the total number of households living in private rented accommodation went up from 8% to 16%, in the same period, meaning that around one in six families in Britain are in the private rented sector.
The report underlines the need for family-type rental accommodation thus houses rather than flats, which are close to local amenities, schools and parks. The charity also found that the number of housing benefit claimants in the private rented sector rose 54% from 626,720 to 966,848 over the ten-year period, making up around one-quarter of households in private rented accommodation.
The report says that by 2010, 15% of the population were living in the private rented sector – about 4m households.
What does the busiest property market in over a decade mean for sellers and buyers?
The first week of April saw a record number of visits to a leading property portal in a singl... Read More
Class MA – New Permitted Development Rights for commercial property
From Sunday 1st August 2021, new Permitted Development (PD) Rights will allow owners of unuse... Read More