17 percent of the UK’s households rent from the private sector, an increase from the 8 percent level through much of the 1990s. In London, the proportion of the population that rent privately has more than doubled from below 10 percent in 2001 to over 20 percent in 2011.
Home ownership, which hit a peak of 69 percent of all UK households in 2001, but has currently dropped to below 65 percent.
The average household debt in Britain stands at £54,000, nearly twice the level seen a decade ago. 3.9 million British families lack enough savings to cover their mortgage or rent for more than a month. 5,000 households are losing their homes every year because they cannot make their payments.
The total personal debt in Britain has reached £1.43 trillion, almost as high as the country’s national economic output.
http://www.presstv.ir/detail/2014/01/31/348624/10mn-in-uk-pay-rent-on-accommodation/
Home ownership, which hit a peak of 69 percent of all UK households in 2001, but has currently dropped to below 65 percent.
The average household debt in Britain stands at £54,000, nearly twice the level seen a decade ago. 3.9 million British families lack enough savings to cover their mortgage or rent for more than a month. 5,000 households are losing their homes every year because they cannot make their payments.
The total personal debt in Britain has reached £1.43 trillion, almost as high as the country’s national economic output.
http://www.presstv.ir/detail/2014/01/31/348624/10mn-in-uk-pay-rent-on-accommodation/
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