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Dip in number of owner-occupied homes in England

Thursday, 7 July 2011 9:39 AM

The number of homes in England that are owned by those that live in them has fallen in the last five years, a new Government study has claimed.

The English Housing Survey Household Report 2009-10, published this month by the Department for Communities and Local Government, shows that owner-occupation declined from 14.8 million (71 per cent) in 2005 to 14.5 million (67 per cent) in 2009-10.

Around 67 per cent of the 21.6 million households in England in 2009-10 were lived in by their owners, the study said, with 17 per cent occupied by social renters, and 16 per cent private renters.

Only four per cent of owner-occupiers were recent first-time buyers (bought within the previous three years), with the majority of these (61 per cent) being aged between 25 and 34, the study said.

Over two thirds (68 per cent) of new households formed in 2008-09 and 2009-10 fell within the private rented sector, the study added.

Private renters paid an average weekly rent in 2009-10 of £156 compared with £75 for social renters, with 33 per cent of private renters having lived in their home for less than a year, compared to two per cent of owner-occupiers and eight per cent of social renters.

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