28% of private renters struggle to pay rent, according to survey findings

About The Authors

16th July 2020 20:59 - Housing

28% of private renters struggle to pay rent: The latest English Housing Survey 2018-19 has revealed that 28% of people who privately rent their homes find it difficult to pay their rent - while privately rented households spend an average of a third (33%) of their total household income on housing costs. This compares to 27% paid by social renters and 18% by homeowners.

The Government survey also found that 61% of tenants renting privately have no savings at all, while 82% of people renting social housing reported the same. 

The research found that while dissatisfaction in rented accommodation has fallen for private renters, from 10.5% in 2017/18 to 8.7% in 208/19, it had increased for social renters. The number of people dissatisfied with their social rental property in the latest survey had risen to 12.6% from 13% in 2017/18. 

Looking at overcrowding, the survey found that for private renters it had risen from 5.7% to 6.2%, while in the social sector it had increased from 7.8% to 8%. 

Elsewhere in the survey, it was revealed that for the first time since 2012 the proportion of 25-34 year olds who own their own home is now greater than those renting in the same age bracket. 

The survey revealed that 41.2% of 25-34 year-olds in the 2018/19 study are property owners (up from 37.6% in 2017/18), compared to 40.9% who privately rent their homes. 

The proportion of homeowners aged 35-44 years fell slightly from 56.5% in 2017/18 to 54.6% in 2018/19.



Sign up for free insights from your sector…

Support Us...

We hope that you have found this article useful. This section is freely available for all to use. Please help support it by liking us or following us on our social media platforms:

Share this article...


For updated Housing insights please follow us on @DJS_Housing or use our RSS feed

Other Housing Research Findings

Other Latest Market Research Insights

© DJS Research 2021