English Housing Survey

English Housing Survey The government has released the latest survey results covering 2017. The full report can be view here , but I have selected some of the key data below. The level of owner occupation remains largely unchanged Of the estimated 23.1 million households in England, 14.4m or 63% were owner occupiers. Of these, 34% of households were outright owners and 28% were mortgagors. The number of outright owners has increased from 31% in 2014, which is in line with an aging population paying off their mortgages. The proportion of owner/occupiers aged 25-44 has declined Owner/occupiers aged 35-44 has declined from 72% in 2007 to 52% in 2017 Owner/occupiers aged 25-34 has declined from 57% in 2007 to 37% in 2017 Not surprisingly, this decline is the result of these age groups choosing to rent rather than buy. Over the same period, the number of 35-44 year olds in priv...