Out of 22 million households, 65% or 14.3 million own a home, while 4 million (18%) are private tenants and the rest ' 17% or 3.7 million are social tenants.
?Throughout the 1980s and 1990s, the proportion of private sector households stayed steady at around 10%. However, the sector has undergone sharp growth since then and has nearly doubled in size,' says the report.
?This was driven by a number of factors; in the late 1990s rent controls were removed, and assured shorthold tenancies became the standard, giving greater flexibility in the length of tenancies. Lenders also introduced the buy-to-let mortgage at around the same time.?
The report published by the Office of National Statistics also reveals some other key details about housing in England:
- 3% of households in England were reported as overcrowded in 2012-13. As in previous years, more rented homes were overcrowded than owner occupied homes ' just 1% of owner occupied households but 6% each of social and private rented households were overcrowded.
- Around half (49%) of owners under-occupied their homes in 2012-13, compared with 15% of private renters and 10% of social renters.
- In 2012-13, two thirds (66%) of social renters and a quarter (25%) of private renters were paid housing benefit, up from 59% for social tenants and 19% for private tenants in 2008-09.
- In 2012-13, a third (32%) of working households renting social housing were paid housing benefit, up from 24% in 2010-11 and 20% in 2009-10. In the private rented sector, 12% of working households received housing benefit in 2012-13, unchanged from recent years but an increase of 9% in 2009-10.
- In 2012-13, 61% of private renters and 23% of social renters said they expected to buy a home.
- In 2012, 4.9 million homes (22%) failed the decent homes standard, a fall of 2.8 million homes since 2006, when 35% of homes failed to meet the standard. As in previous years, the private rented sector had the highest number of non-decent homes (33%), while the social rented sector had the lowest (15%), while 20% of owner occupied homes failed to meet the standard in 2012.
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