Owner Occupation

(asked on 27th February 2017) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty’s Government what comparative assessment they have made of home ownership levels in the UK and in other countries in the G20.


This question was answered on 13th March 2017

The Government has not carried out any assessment of home ownership levels in the G20. The latest assessment of comparative home ownership levels was carried out by the Organisation for Economic and Co-operative Development (OECD) for their HM1-3 Housing Tenure Report which was published in December 2016.

The latest Organisation for Economic and Co - operative Development report (attached) can be found at:

https://www.oecd.org/els/family/HM1-3-Housing-tenures.pdf

Since 2010, over 362,000 households have been helped by the Government to buy a property through schemes such as Help to Buy and the reinvigorated Right to Buy. In addition, mortgage repossessions are at their lowest level since 2004.

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