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Read more 1/12 Landlords’ rates Landlords are charging landlords more for their land than ever, according to research.
Landlords in England are charging their tenants £3,865 more per year than they did five years ago.
A recent study by housing charity Shelter found that tenants in private rented properties were paying an average of £8,087 more a year than in 2007-08.
Shelter said that this was largely due to the cost of renting, as landlords are paying a higher rent than they used to.
It said that “many landlords are not paying their fair share of rent”.
Landlords have also been forced to increase rates to make up for the rise in rent, with rents increasing by £1,000 on average in 2015-16.
2/12 New homes being built Almost half of all new homes being constructed are being built in London, according the Office for National Statistics (ONS).
In addition, the number of new homes approved for construction in England rose by 17 per cent in 2015/16, to 1,058.
However, there were just 4,500 more new homes built in the year to March 2017, which equates to just 6,000 more new properties being built each month.
3/12 House prices in England In the last year, house prices in the capital rose by an average 3.1 per cent a year.
This compares to a 2.7 per cent annual increase for the UK overall between April 2015 and March 2017.
However in London house prices have risen by 7.6 per cent since April 2016, when they were 5.6 percent higher.
The average price of a home in the city increased by £3.5 million between April 2016 and March 2019, which is a 9.6% increase.
The rate of inflation in the last month is also rising, with inflation in London rising by 0.3 per cent between April 2017 and March 2018.
The Office for Budget Responsibility (OBR) says house prices are set to continue to rise as the economy weakens and the housing market recovers.
The Bank of England has cut interest rates by a further 0.25 percentage points to 0.75 per cent.
The cost of buying a property has also increased by an estimated £5,400 since April 2017, according.
4/12 The cost to the taxpayer of owning a home The average taxpayer-owned home in England is now worth £1.96 million, an increase of £2,400 over the previous 12 months.
The figure is nearly £1 million higher than in 2016/17, according a YouGov survey.
The majority of people (54 per cent) would pay more for a property, while 16 per cent would pay less.
The proportion of households paying less than they do now is at its lowest level in almost a decade, according at the end of March.
5/12 Living costs The average house price in England increased by 6.8 per cent from March 2017 to March 2018, according with an average cost of £226,600.
This is a 1.2 per cent increase over the same period last year.
However the cost to households of housing and food was up by 3.4 per cent, or £14,700, a decrease of £6,300.
6/12 Housing Benefit cuts The Government has cut housing benefit payments for many thousands of families by £25 a week, in a move that the charity Shelter says is “cruel and disproportionate”.
In a letter to the Prime Minister, the charity said that the cut “will have a devastating impact on people’s ability to afford to buy their own homes”.
The changes mean that many people will now have to pay the full cost of their council tax, housing benefit and child benefit in order to buy a home.
Shelter has accused the Government of “a brutal cut in housing benefit that will hit low-income families the hardest”.
The cuts will see many people losing out on the income that could have gone to paying for a deposit or mortgage, which could have allowed them to save for a down payment.
7/12 Families being evicted The Government is planning to take evictions up to 25 days longer by the end the next Parliament.
However Shelter said a large proportion of evictions will happen in London and the South East, where rents have risen the most.
This means that while the Government is “taking evictions to a new low”, the number will still be “too high” for many people.
Shelter says that the average eviction takes three to four months to happen.
8/12 Homelessness figures Homelessness in England has risen by 25 per cent over the last five years.
In England, the UK has the highest homelessness rate in the EU at 22 per cent and the lowest rate in Europe at 8.7%.
Shelter says this is due to a number of factors, including housing, the economic downturn and the high cost of living