Currently viewing the tag: "Office of National Statistics"
UK Private Sector Rent Still Rising

UK Private Sector Rent Still Rising, Albeit Slowly

Private Sector Rents Rise By 1% Over Last 12 Months

New data published by the Office for National Statistics (ONS) suggest that private sector rents are rising below the level of average earnings for first time in many years, bringing some good news for tenants.

According to the ONS, in the 12 months to September 2014, private rental sector rental prices increased by:

  • 1% in England
  • 4% in Scotland
  • 2% in Wales

The ONS say that the UK’s underlying annual earnings growth increased by 1.2% in the year to August, up from 0.5% recorded in April 2014.

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Home Ownership Down As PRS Numbers Continue To Rise

Home Ownership Down As PRS Numbers Continue To Rise

Census Reveals Change In UK Property Ownership

The level of home ownership in England & Wales has dropped, as the number of PRS properties increase, according to data obtained from the 2011 census results.

Results of the 2011 census, published on Wednesday 5th December 2012 have underlined the falling levels of property ownership in the UK.

Many more people are choosing to live in private rented sector (PRS) properties rather than have the responsibilities and financial headaches of property owners, according to the data supplied by the Office for National Statistics (ONS).

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