Home Ownership Falls

‘The ONS has revealed that home ownership has fallen for the first time since 1918 after sharply rising property prices and stagnant wages left many more people stuck in rented accommodation.

The proportion of people in England and Wales who own their homes rose from just under a quarter at the end of the First World War to more than two thirds in 2001.

However, the percentage has now fallen from 69 to 64 as the number of households in rented property rose by a quarter to reach 8.3m. Matthew Pointon, a property economist with Capital Economics, said the rate of ownership had fallen for the past seven years because property prices were overvalued by most measures.

He added: “Although we expect owner-occupation will remain the most popular tenure, the rate is likely to continue to decline over the next few years.”‘

Source: The Daily Telegraph



Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.


Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.


By submitting this form, the data provided will be used to perform your request according to our privacy policy.