Balance October 2017 - 20

MIEO T
ULTU
HG
S
N AV IHGOAT
NR S

t h e manual

The

Great divide
According to the
National Audit
Office, since the 1990s,
housing in England has
become more affordable
for existing homeowners,
but less affordable for
first-time buyers.
About 8% of Londoners

It is cheaper to live
in a 4-star hotel in
two-thirds of
European capital
cities than it is to
rent the average
London flat.

Colour of money

live in tower blocks. Some
are luxury penthouse
apartments, while many are
low-cost social housing.

The total number of
homes in England in
2016 was just over
27 million.

families are made homeless
in Britain every day. Calls to
Shelter's helpline have risen
by 7,244 in the past year
alone - that's a 10% increase.

HOUSES
WITH
'YELLOW'
IN THEIR
NAME SELL
FOR 36%
LESS THAN
ANY OTHER
COLOUR.

Empty nest
Last year, some 19,845 homes
in London sat idle for more than
six months. Across England, there
are reckoned to be more than
200,000 long-term empty homes,
worth over £43 billion.

The average Brit's dream home is a
detached house in the country with a
large garden and en suite bathroom that's
conveniently located for the shops.

62 %

More billionaires live in London
than any other city in the world.
It has 72, far ahead of nearest
rival Moscow with 48.
OVER THE PAST FIVE YEARS,
YOUNG PROFESSIONALS
HAVE LEFT LONDON IN THEIR
DROVES - THE NUMBER
OF 30 TO 39-YEAR-OLDS
SWAPPING THE CITY FOR
THE LAID-BACK LIFE HAS
RISEN BY

OF HOMES IN ENGLAND
ARE OWNER-OCCUPIED.

Capital expenditure

Properties in London cost around £600,000 on average,
while outside the capital you can expect to spend just over
half that - around £333,000 or less.

There are now 55% fewer council homes in England than 20 years ago.
20

HOUSES
WITH
'WHITE'
IN THEIR
NAME SELL
FOR 36%
MORE THAN
ANY OTHER
COLOUR.

BA LA N CE October 2017

LONDON'S
AVERAGE
FIRST-TIME
BUYER IS
33 YEARS
OLD AND HAS
A HOUSEHOLD
INCOME OF
£85,000, OR
A PERSONAL
INCOME OF
£55,000.

Crisis point
Polly Neate, CEO
of Shelter: 'With
housing benefit
frozen and simply not
enough affordable
homes for people
who need them, the
situation is getting
harder and harder.
That's why we need
the government to
stem this crisis by
ending the freeze on
housing benefit and
giving Londoners the
leg up that they so
desperately need.'

COMPILED
BY:XXXX
DAVIDXXXX
CROZIER.
SOURCES: BBC.CO.UK,
WORDS: XXXX
XXXX XXXX6.5PT/8PT
APERCUONS.GOV.UK, HOUSEBEAUTIFUL.CO.UK, HOUSESIMPLE.COM, MIRROR.CO.UK, THECOLLECTIVE.CO.UK, METRO.CO.UK,
OCEANFINANCE.CO.UK, ENGLAND.SHELTER.ORG.UK, VIVOPROPERTYBUYERS.CO.UK, MOVEBUBBLE.COM, FOXTONS.CO.UK

PROPERTY
What's with housing? SOME facts you should know index


http://METRO.CO.UK http://THECOLLECTIVE.CO.UK http://MIRROR.CO.UK http://FOXTONS.CO.UK http://www.HOUSESIMPLE.COM http://www.MOVEBUBBLE.COM http://HOUSEBEAUTIFUL.CO.UK http://VIVOPROPERTYBUYERS.CO.UK http://ONS.GOV.UK http://BBC.CO.UK http://ENGLAND.SHELTER.ORG.UK http://OCEANFINANCE.CO.UK

Table of Contents for the Digital Edition of Balance October 2017

Balance October 2017 - 1
Balance October 2017 - 2
Balance October 2017 - 3
Balance October 2017 - 4
Balance October 2017 - 5
Balance October 2017 - 6
Balance October 2017 - 7
Balance October 2017 - 8
Balance October 2017 - 9
Balance October 2017 - 10
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http://europe.nxtbook.com/emp/Balance/BalanceDecember2016
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