Home ownership remains the most common form of tenure in England at 63% of households.
Outright home ownership is more common than mortgaged ownership.
Out of the 14.4m households in owner-occupation, 34% owned their homes outright while 28% were mortgagors.
Owner-occupation is followed in size by the private rented sector which in 2016/2017 accounted for 20% of households in England.
The social rented sector accounts for 17% of households in England, making it the smallest tenure, with 3.9m households.
The statistics are from the latest English Housing Survey, which gives its usual interesting picture of the housing market.
Owner-occupation hit a peak of 71% in 2003 and has gradually declined to its current level. However, the rate of owner-occupation has been unchanged since 2013/2014,
There have been more outright owners than mortgagors since that same year.
This is largely explained by the ageing population, with numbers of baby boomers paying off their mortgages.
Owner-occupation also includes shared ownership which accounts for under 1% of all owner-occupiers – equating to just 136,000 households.
Home owners are older than they used to be. In 2016/2017, the proportion of home owners under 35 was 9%. Two decades ago, the proportion was 18%.
The private rented sector has doubled in size since 1996/1997, with growth accelerating since 2006/2007. Since then there have been a further 2m households privately renting.
In 2016/2017, there were 4.7m households in the private rented sector.
In the social rented sector, more tenants rented from housing associations – 2.4m households – than from local authorities – 1.6m.
An astonishing statistic is that 50% of all households in the social rented sector had at least one member with a long-term illness or disability: this compared with 29% in owner-occupier households and 23% of private rented households.
Almost a quarter of social renting households were single-parent families, and 75% were in the lowest income brackets.
The various reports and tables that make up the latest English Housing Survey are easily found online, but here are a couple of links you may find particularly helpful:
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