Housing
Residential property transactions fall to 52,000 in November 2008
Property transactions, UK
• There was an increase in the number of owner-occupied dwellings in the UK every year between 1981 and 2006, but between 2006 and 2007 there was a small decrease. (Figure 10.4)
• In 2007, 63 per cent of lone parent households with dependent children in Great Britain lived in rented property, compared with 19 per cent of couple households with dependent children. (Table 10.5)
• In 2006/07, 82 per cent of householders in England were satisfied with both their neighbourhood and their accommodation, an increase from 79 per cent in 1996/97. (Page 153)
• In 2006/07, 63 per cent of private renters in England who did not expect to buy their own home felt that they were unlikely ever to be able to afford to buy a property. (Table 10.17)
• The number of property transactions per month in the UK halved between January and November 2008, from 104,000 to 52,000. (Figure 10.18) Latest information on property transactions
• There was a 25 per cent increase in the number of property repossessions in the UK between 2006 and 2007, from 20,900 to 26,200, and a further 72 per cent increase to 45,000, between 2007 and 2008. (Page 157) Latest information on property repossessions
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