Property news roundup: More than half of UK homes to be rented by 2032

Plus, time on market, search by square footage, and London's most expensive bus routes

 

More than half of UK homes will be rented by 2032 - the first time since the early 1970s - if current housing trends go unchecked, according to a new report by the Intermediary Mortgage Lenders Association.

Since 2007 the private rented sector has grown from 14 per cent to 18 per cent of households while owner-occupation has dropped from 68 per cent to 64 per cent and social renting has also fallen.

Typical time on market drops 

All the English regions, Scotland and Wales saw a drop in the average marketing time for homes over the last month, according to Home.co.uk. The North West is the most improved area over the last month, with a drop in the average figure from 146 to 117 days. The typical time on market for England and Wales combined is 90 days.

Greater London, the South East, East Anglia, the South West and East Midlands experienced average marketing times of 48, 59, 69, 82 and 85 days respectively, very close to last month's figures.

Search London properties by square foot and postcode

A clever new gadget from Findproperly allows homehunters to search - or indeed just marvel - at the prices of London properties by location and square footage (or if you prefer, by a range of other measures such as slices of bread, iPhones, Sushi rolls, Oysters cards or Olympic medals).

Expensive bus routes

Knight Frank's Tom Bill has worked out London’s 20 most expensive bus routes according to property sales 200m either side of each bus route.

The most expensive route is the number 9, which leaves Hammersmith and goes through Kensington, while the 10 most expensive routes all go through Kensington & Chelsea.

"It’s no surprise to see the no 9 in the top spot," said Sami Robertson, a partner at Knight Frank in Kensington. "The moment it leaves Hammersmith, prices start to rise and as you cross into the Royal Borough you see a big jump in prices. You pass some of the most expensive streets in the world, including the famous Kensington Palace Gardens or 'billionaire’s row' as it is known."

Discover more property articles at Homes and Property
Property search
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
SPONSORED FEATURES
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Sales Executive or Senior Sales Executive - B2B Exhibitions

£18000 - £30000 per annum: Recruitment Genius: A Sales Executive or Senior Sal...

Recruitment Genius: Head of Support Services

£40000 - £55000 per annum: Recruitment Genius: This is an exciting opportunity...

Recruitment Genius: Warehouse Team Leader

£22000 per annum: Recruitment Genius: This industry leading company produces h...

Recruitment Genius: Business Development Manager / Sales - OTE £40,000

£20000 - £40000 per annum: Recruitment Genius: This IT provider for the educat...

Day In a Page

A nap a day could save your life - and here's why

A nap a day could save your life

A midday nap is 'associated with reduced blood pressure'
If men are so obsessed by sex, why do they clam up when confronted with the grisly realities?

If men are so obsessed by sex...

...why do they clam up when confronted with the grisly realities?
The comedy titans of Avalon on their attempt to save BBC3

Jon Thoday and Richard Allen-Turner

The comedy titans of Avalon on their attempt to save BBC3
The bathing machine is back... but with a difference

Rolling in the deep

The bathing machine is back but with a difference
Part-privatised tests, new age limits, driverless cars: Tories plot motoring revolution

Conservatives plot a motoring revolution

Draft report reveals biggest reform to regulations since driving test introduced in 1935
The Silk Roads that trace civilisation: Long before the West rose to power, Asian pathways were connecting peoples and places

The Silk Roads that trace civilisation

Long before the West rose to power, Asian pathways were connecting peoples and places
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

The honours that shame Britain

Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled
When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
International Tap Festival: Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic

International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

'A subversive brothel keeper and Communist'

Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
Big Blue Live: BBC's Springwatch offshoot swaps back gardens for California's Monterey Bay

BBC heads to the Californian coast

The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

Victorian fraudster who shook the Bank of England

Conman Austin Bidwell. was a heartless cad who carried out the most daring forgery the world had known
Car hacking scandal: Security designed to stop thieves hot-wiring almost every modern motor has been cracked

Car hacking scandal

Security designed to stop thieves hot-wiring almost every modern motor has been cracked
10 best placemats

Take your seat: 10 best placemats

Protect your table and dine in style with a bold new accessory