The Property Podcast

We've waited four years for Rob D to rant and this is the episode where it finally happens. This week's topic takes information from an official government publication 'The English Housing Survey' which you can find here. Here are some of the facts we look at in the report: Size & composition of rental sector 4.5m households are in PRS. That’s 20% of all households. Up from 12% in 2006 24% of private renters receive housing benefit, but only 5% had their full rent covered by HB 74% were working Ability to pay rent Households in the PRS spend 35% of their income on rent. 45% in London, 32% excluding London 71% found it “fairly” or “very” easy to pay their rent. Falls to 41% in London 9% of private renters had been in arrears in the last year, compared to 25% of social renters Mean weekly rent is £184 overall: £300 in London, £153 outside London. Slightly more expensive than the average mortgage payment 66% of private renters have no savings. Of the 1/3 who did, 41% of them were under £5,000. S