5th
Aug 2019
Contrary to the majority of media coverage, according to the recently published English Housing Survey 2017/18, most of private renting tenants are more than happy with their current 'homes'.
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The survey found that 84% of tenants stated that they were satisfied with their accommodation.
Private tenants spend more of their income on housing than social housing renters and owner occupiers.
The report found that private tenants on average spent 33% of their total income, which in some cases includes housing benefit, on rent, whereas the average for social renters was 28% with owner occupiers' average of 17% of household income.
London's renters average spend of household income was unsurprisingly the highest at 42%, with the rest of the country averaging 30%.
The majority of renters (71%) stated that they found it very easy, or easy, to pay their rent.
The private rented sector housing stock accounts for around 20% of households approx: 4.5 million, and is the second largest provider of homes in England; whereas social renting households is around 4 million households (17%) and approximately 13.48 million owner occupier households (64%).
A spokesperson for the trade body, commented: “The English Housing Survey dispels the myth that private renting means insecure tenancies and ever increasing costs. It shows that renters are spending less of their income on housing, at 33%, down from 34% the previous year and 36% in 2014/15, and are staying in their homes for over four years on average.
“As Ministers look at ending so called ‘no fault’ evictions the survey finds that the large majority of those who moved out of their home did so because they wanted to, either for work, a larger home or to move to a different area [72%] or because their tenancy had come to an end (8%). A further 10% moved on mutual agreement with their landlord.
“The majority of private renters also reported being satisfied with their current accommodation, higher than in the social rented sector.”
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