Number of forty-something renters doubles in a decade

number of private renters increases
number of middle-aged renters doubles in a decade

Those in middle-age are now almost twice as likely to be renting their home from a private landlord than 10 years ago.

Data analysed for and by BBC News has found that rising UK house prices have left many middle-age workers unable to afford a first home, or as “accidental renters” after a relationship break-up.

With a focus on young first-time buyers, analysts have suggested older tenants, often with children, risk being ignored.

Figures show that, in the 10 years to April 2017, the proportion of people renting their home from a private landlord increased across all working age groups. The largest increase during this period was in the 35 to 44-year-old age range were private renters doubled from 13% to 26%.

 

Full story available from BBC News: http://www.bbc.co.uk/news/business-43504015

 

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