Number of people renting homes in Enfield has risen at higher than national average (From Enfield Independent)
Get involved: send your pictures, video & news by texting ENFIELD NEWS to 80360, or upload here
Number of people renting homes in Enfield has risen at higher than national average
The number of people renting homes in Enfield increased by 120 per cent over a ten-year period, census figures show.
Between 2001 and 2011, the number of people in private rented accommodation rose from ten per cent of the borough’s population to 22 per cent.
Over the same period, the number with mortgages or in shared ownership fell by 22 per cent, and the number owning their properties outright decreased by per cent.
The figures also showed that the number of people living in social rented homes rose by one per cent.
Across London there was an increase in private renters of 75 per cent, while nationally the figure was 82 per cent.
Renters will pay on average £1,020-a-year more in monthly fees than they would in 2010 – an average of 41 per cent of their income.
Comments are closed on this article.