The following section includes
- There are 59,938 households in
| ||Dacorum (%) ||Hertfordshire (%) ||East of England (%) ||England and Wales (%) |
|Owned: Owned outright ||29.1 ||30.0 ||32.9 ||30.8 |
|Owned: Owned with a mortgage or loan ||35.7 ||36.8 ||34.7 ||32.7 |
|Shared ownership (part owned and part
rented) ||0.6 ||0.9 ||0.7 ||0.8 |
|Social rented: Rented from council (Local
Authority) ||17.4 ||9.2 ||7.8 ||9.4 |
|Social rented: Other ||4.4 ||9.0 ||7.9 ||8.2 |
|Private rented: Private landlord or letting
agency ||10.9 ||12.1 ||13.3 ||15.3 |
|Private rented: Other ||1.0 ||1.0 ||1.4 ||1.4 |
|Living rent free ||0.9 ||1.0 ||1.3 ||1.4 |
Source: Office of National
Statistics, Census 2011, published December 2012
Without a substantial
deposit, home ownership is out of the reach of a large number of
In the current climate, buyers tend to
need around 10-15% of the purchase price as a deposit in order to
get a mortgage.
According to the Council
of Mortgage Lenders, the average age of first time buyers is
Source: Rightmove, 2011
House price increases have fuelled
higher private rents and this has, in turn, significantly increased
the national Housing Benefit bill. Local Housing Allowances
are therefore set to reduce as part of the measures announced in
the Government’s welfare reform proposals.
Such changes may make landlords less
likely to rent properties to residents in receipt of housing
benefit for fear that they may fall into arrears. Some may reduce
rents to make them more affordable or choose to withdraw their
properties from the market.
- The average private sector rent for a
two bedroom property in Dacorum is £953 per month.
- The average rent for a two bedroom
property from Dacorum Borough Council is £370 per month.
September 2011 and Dacorum Borough Council, 2011
The social housing
Across the country, waiting
lists have grown over the last 10 years. This may be due to the
increase in property prices, as residents cannot access home
- There are currently around
5,900 households on the Council’s Housing Register, of which 1,332
are transfer applicants.
- There is a high level of
demand for all sizes of rented property. Shared ownership demand is
primarily for two and three bedroom units.
National research indicates that
there is a sizable group of middle-low income households who do not
have priority need for social housing and who cannot afford private
rents or home ownership. The Council works with Lea Valley Homes,
and Housing Association partners to deliver a range of different
homes that are targeted at these households. These include Shared
Ownership, Discounted Market Sale, and Intermediate Rented
Source: Dacorum Borough Council, September
Social housing stock
We own approximately 10,600
- 25% of which are for housing for
- 80% of the total housing stock is
based in Hemel Hempstead.
- In 2010/11 636 new
homes were built in Dacorum, which included 64 new affordable
Plans for housing growth
- We are proposing to
include a target of 430 homes per year (2006-2031) in our
Pre-Submission Core Strategy, published in October 2011 for
- This equates to
10,750 homes over the lifetime of the strategy.
Source: Dacorum Borough Council, Core