The National Housing Federation reports that people who live in private rented homes, have likely moved in the past twelve months. Tenants moving home are nine times higher than those who own their own homes.

The Federation also says that over a quarter of private tenants (28%) gave the reason that they have not settled down in one area, as they don't have the confidence because they feel they may have to move again because of housing costs rising. One in three tenants that have children living with them cited the same reason.

Renting properties means that tenants are able to "up roots" within a short timescale and that many are disappointed with their having to pay rent for homes and had not foreseen that they would not, in this point of their life, be unable to mortgage their own home.

63 % of tenants aged between 25 and 44 felt that they should have been buying their own home by now. 56% of  private renters said that they had never planned to be in this situation for so long, unfortunately due to an accumulation of reasons they had no other recourse.

In a previous poll, the National Housing Federation found out that up to 70% of tenants living in England, aspired to owning their own home. The organisation puts the "blame", for so many having to rent, squarely on the lack of increased wages and the higher costs of house prices.

 

With nine million people renting this figure is increasing daily in tandem with falling numbers of people with home ownership.

The Federation has been constantly calling for the government to implement proper plans for new homes builds, with prices that younger working households are able to afford to provide proper stability for their families.

David Orr, chief executive of the National Housing Federation, said: “With house prices continuing to soar out of reach, and typical deposits for first time buyers hitting £30,000, younger generations are seeing their dream of home-ownership replaced with a life of renting.

“It’s clear that the younger generation is being let down, and given no alternative but to move from one short-term let to the next, never being able to save enough to buy because their wages are eaten up by rent.

 “We’ve found that nearly eight out of 10 people (77%) in England don’t believe any of the main political parties will effectively deal with housing, but they still have the chance to put that right. With a bold long term plan for house building our housing crisis is solvable. We need politicians from all sides to commit to ending the housing crisis within a generation.”