Proof of declining Accommodation levels, but no links made!Make Text Bigger
We have seen statistics on the numbers of landlords exiting the PRS, citing costs imposed by the government including Section 24 mortgage interest relief restrictions and Licensing.
The statistics below showing the REDUCTION in the amount of accommodation is the ‘proof of the pudding.’
Why are the media Not asking the obvious questions and making the connection as to the causes?
There is more to come with HMO room sizes, but all the homeless people aren’t supposed to worry, as Government have given 18 months for the effects to come into play ( sic ).
“Dwelling stock estimates – England
On 24 May 2018 the MHCLG published dwelling stock estimates for England as at 31 March 2017. There were: 23.9 million dwellings, an increase of 217,000 dwellings (0.92%) on the same point the previous year; and 15.1 million owner occupied dwellings, 4.8 million private rented dwellings and 4.0 million social and affordable rented dwellings (Private Registered Providers plus Local Authority). Between March 2016 and March 2017, the owner occupied dwelling stock increased by 262,000 and the private rented stock decreased by 46,000.
The social and affordable rented stock increased by 3,000 dwellings and the other public sector stock decreased by 1,000 dwellings. There were 605,891 vacant dwellings in England on 2 October 2017, an increase of 16,125 (2.7%) from 589,766 on 3 October 2016. Vacant dwellings are 2.5 per cent of the dwelling stock. Long-term vacant dwellings numbered 205,293 on 2 October 2017, an increase of 5,148 (2.6%) from 200,145 on 3 October 2016. Long-term vacant dwellings are 0.9 per cent of the dwelling stock. For the full statistics, click here For tables showing the data by, for example, tenure and district, click here
Provided by PossessionFriend.uk”
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