The total amount of rent paid by tenants in Britain
soared to more than £50bn in 2017, more than double the level of a decade ago,
and may soon eclipse the entire sum paid out by homeowners for their mortgages.
The figures, compiled by the UK’s biggest estate agency and mortgage broker,
Countrywide, reveal the dramatic reshaping of the property market in recent
years as home ownership levels have gone into reverse. Last year, tenants in
Britain paid a record £51.6bn in rents, an increase of £1.8bn on the previous
year and more than twice the £22.6bn shelled out in 2007. Read more on the
Guardian website.
‘Those two weeks felt how the world should be’: the young single mums who
took on the housing crisis – and won
-
When a group of teenage mothers were evicted from their homeless hostel,
Focus E15, they took over a tower block of empty council flats in protest.
Ten y...
1 day ago
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