33% of the 160,393 homes in Barnet were privately rented in 2023 compared to 22% across London reports Adam Care, Data Reporter
Across England, 21% of homes were privately rented, 62% were owner-occupied and 17% were socially rented – (Credit – Radar)
Barnet has a greater proportion of private rented homes than the London average, new figures show.
Shelter warned the UK has been “haemorrhaging” affordable social homes for decades, forcing millions into “grim and grotty” private rentals.
New estimates based on census and other housing survey data from the Office for National Statistics suggest 33% of the 160,393 homes in Barnet were privately rented in 2023, the most recent year with available figures.
This was above the average of 22% across London.
It also suggests 55% of Barnet homes were owner-occupied, with 28% owned with a mortgage or loan, and 27% owned outright.
Social rent homes made up 12% of homes.
Across England, 21% of homes were privately rented, 62% were owner-occupied and 17% were socially rented.
Mairi MacRae, director of campaigns, policy and communications at Shelter, said: “Right now, 1.3 million households are stuck languishing on social housing waiting lists.
“With genuinely affordable social homes few and far between, people are left with an impossible choice: endure dismal conditions and eye-watering rents or face the terrifying threat of homelessness.
“There’s only one way to ensure everyone has access to a safe, secure and affordable home and that’s building social rent homes.”
She added the government’s £39 billion investment in the Social and Affordable Homes Programme is “a step in the right direction” but called for it to be ramped up “to 90,000 a year for ten years.”
In its election manifesto last year, Labour said it would “get Britain building again”, committing to building 1.5 million new homes by the end of the Parliament.
However, data released this week suggests a fresh housebuilding slump, with activity in the UK’s construction sector dropping at the fastest rate in more than five years in July.
The latest S&P Global UK construction purchasing managers’ index showed June saw the fastest drop in overall activity since May 2020, when the industry was impacted by the Covid pandemic.
Housebuilding activity also declined sharply again after tipping into growth in June for the first time in nine months.
Joe Hayes, principal economist at S&P Global Market Intelligence, said the latest data indicated a “fresh setback” for the UK construction sector, with firms “preparing for challenging times ahead”.
Ben Twomey, chief executive of Generation Rent, said for many renters, saving for a deposit while rents soar “is like pushing a boulder up a hill that keeps getting steeper and steeper”.
“It’s no wonder half of private renters have no savings whatsoever,” he added.
He called for regional mayors to be given powers to limit rent rises, echoing calls made by Mayor of London Sir Sadiq Khan.
A Ministry of Housing, Communities and Local Government spokesperson said: “The government inherited an unprecedented housing crisis, but through our Plan for Change we will deliver 1.5 million homes where they are most needed and transform the private rented sector through the Renters’ Rights Bill.
“Through our landmark planning reforms and the Planning and Infrastructure Bill we will drive UK housebuilding to its highest level in over 40 years, alongside delivering the biggest boost to social and affordable housing in a generation backed by £39 billion investment.”
They added tenants will be given the right to “directly challenge excessive rent hikes”, and will get greater security through “capping advance payments to one month’s rent and banning unfair bidding wars”.
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