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Changing drivers of tenure

UK Residential Research - Spring 2020

Report

Autoren: Lucian Cook , Lawrence Bowles , Richard Valentine-Selsey , Jacqui Daly , Andrew Brentnall

Reihe: Savills Spotlight

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  • Erscheinungsdatum : 29.04.2020
  • Seiten : 4 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 2,95 MB
  • Sprache(n) : Englisch

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Inhalt

According to the English Housing Survey, the number of households in the private rented sector (PRS) more than doubled between 2000–01 and 2013–14 as the number of mortgaged owner-occupiers fell by 1.5 million.

This not only reflected increased barriers to home ownership, as deposit affordability became the overriding hurdle to get on the housing ladder. It also reflected a significant increase in the amount of private rented accommodation, provided by a seemingly ever-growing band of buy-to-let (BTL) investors.

Levels of private renting and mortgaged owner-occupation are changing due to a combination of structural and short-term drivers. What exactly is behind the shift? And will the experience of Covid-19 make a difference?

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