31 January 2019
Responding to the English Housing Survey, Kate Henderson, Chief Executive at the National Housing Federation says:
“Today’s figures show the proportion of 35-44 year olds renting their home privately has doubled over the last ten years. This is a really concerning trend for people who are at an age when they often want to start a family and are looking for stability.
“Renting from a private landlord in England is expensive, pushing people in to poverty or preventing them from saving, and puts people at risk of being evicted according to the whim of their landlord. We know that evictions from privately rented homes are now the biggest cause of homelessness.
“For the first time in more than ten years there has also been a small increase in the number of people aged 35-44 who own their home. However, our analysis shows the proportion of first time buyers dependent on borrowing money from family and friends has almost doubled over the last 14 years. Home ownership will remain out of reach for young people who don’t have access to the bank of mum and dad whilst we have a dire shortage of homes in this country.
“With a comprehensive spending review looming, the Government must use this is an opportunity to invest in the building of more affordable housing if we are ever to reverse these trends.”
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