Planning and Housing

14.08.17

Two in three renters never expect to own a property

Nearly two in three people renting in England never expect to buy their own property as they fear they will not be able to afford it.

The shocking figures in the latest English Housing Survey also saw a rise in renters saying that affordability will stop them from owning their own home, up to 70% compared to 2008-09 when the figure stood at 56%.

The LGA argued that these results show a growing “home-owning hopelessness” as private renters continue to struggle getting on to the property ladder.

The survey also showed that one in five (21%) of renters were dissatisfied with their tenure compared to less than 1% of owner occupiers.

It reiterated previous warnings by the LGA that many renters are locked out of the housing market as the average homebuyer is expected to pay 7.6 times their annual wages for a home.

The council association has once again called on the government to give local authorities sufficient powers to borrow money to construct affordable property.

“It’s worrying that so many people renting a home feel a sense of home-owning hopelessness,” Cllr Martin Tett, the LGA’s housing spokesman, said. “We know that the shortage of houses is a top concern for people as homes are too often unavailable, unaffordable and not appropriate for the different needs in our communities.

“All types of homes – including those for affordable and social rent – have to be built to solve this shortage, boost affordability and increase home ownership. For this to happen, councils desperately need additional flexibility, and access to funding, to resume their historic role as a major builder of affordable homes.

“This means being able to borrow to invest in housing and to keep 100% of the receipts from properties sold through Right to Buy to replace homes and reinvest in building more of the genuine affordable homes our communities desperately need.”

Have you got a story to tell? Would you like to become a PSE columnist? If so, click here 

Comments

Johnson Bristol   16/08/2017 at 02:37

Interested in propertys

Add your comment

 

related

public sector executive tv

more videos >

latest public sector news

Council told to reimburse Suffolk woman charged for care she never received

23/11/2017Council told to reimburse Suffolk woman charged for care she never received

Suffolk County Council has been hit by criticism from the Local Government and Social Care Ombudsman (LGO) after a woman was wrongly charged for ... more >
Business rates announcement does not solve council funding uncertainty

22/11/2017Business rates announcement does not solve council funding uncertainty

The government has announced that business rates will be reduced by changing the basis from the Retail Price Index (RPI) to the lower Consumer Pr... more >
Khan attacks Hammond, describing Budget as ‘most anti-London in a generation’

22/11/2017Khan attacks Hammond, describing Budget as ‘most anti-London in a generation’

Mayor of London Sadiq Khan has attacked Philip Hammond’s Budget, calling it the “most anti-London Budget in a generation.” ... more >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this... read more >

last word

The importance of openness after Grenfell

The importance of openness after Grenfell

Following the recent Grenfell Tower tragedy, Lord Porter, chairman of the LGA, argues that if the public are going to have faith in the safety testing process then everything must be out in the o... more > more last word articles >
Council told to reimburse Suffolk woman charged for care she never received

23/11/2017Council told to reimburse Suffolk woman charged for care she never received

Suffolk County Council has been hit by criticism from the Local Government and Social Care Ombudsman (LGO) after a woman was wrongly charged for care she never received. Care providers, arra... more >
City-centric, deeply disappointing and a nightmare – criticisms pile against the Budget

22/11/2017City-centric, deeply disappointing and a nightmare – criticisms pile against the Budget

It’s been a busy day in the PSE office. Philip Hammond’s Autumn Budget included a number of interesting announcements, ranging from new devolution deals and housing measures to change... more >

the raven's daily blog

City-centric, deeply disappointing and a nightmare – criticisms pile against the Budget

22/11/2017City-centric, deeply disappointing and a nightmare – criticisms pile against the Budget

It’s been a busy day in the PSE office. Philip Hammond’s Autumn Budget included a number of interesting announcements, ranging from new devolution deals and housing measures to changes to business rates. This year’s Statement was described well by Lord Bob Kerslake, who said it had been a “mixed bag” for hous... more >
read more blog posts from 'the raven' >

comment

Driving forward a healthier Scotland

10/11/2017Driving forward a healthier Scotland

Dundee City Council is leading the way in boosting electric vehicle (EV) uptake in Scotland, writes Rebecca Wallace from the local authority&rsqu... more >
A smarter approach to digital transformation

10/11/2017A smarter approach to digital transformation

Catherine Bright, Smarter Digital Services (SDS) manager, explains how a partnership of 12 councils across Kent and Surrey are jointly funding a ... more >
Delivering on estates

10/11/2017Delivering on estates

Sam Ulyatt, strategic category commercial director at the Crown Commercial Service (CCS), on how a new framework can help public sector organisat... more >
Open for business

10/11/2017Open for business

Clare Moore, senior specialist of valuation and disposals at the Homes and Communities Agency (HCA), explains how public sector bodies looking to... more >

interviews

‘The HSCN is the realisation of industry best practice’

30/06/2017‘The HSCN is the realisation of industry best practice’

Keith Smith, public sector business development manager at Virgin Media Business, tells PSE’s Luana Salles that health and social care orga... more >
HSCN: The enabler for a more joined-up public sector

26/06/2017HSCN: The enabler for a more joined-up public sector

Mark Hall, Chief Assurance Officer at Redcentric, discusses NHS Digital’s project, the new Health and Social Care Network (HSCN) and what b... more >
Maintaining the momentum for further devolution

25/04/2017Maintaining the momentum for further devolution

Ahead of this year’s mayoral elections, Lord Kerslake, the former head of the Civil Service, tells PSE’s David Stevenson why the argu... more >
New social care funding misses the point

13/04/2017New social care funding misses the point

Clive Betts MP, chair of the Communities and Local Government (CLG) Committee, reflects on the social care funding released in this year’s ... more >

public sector focus

View all News