Almost half of all babies now born into rented accommodation

  • Nearly half (49.2%) of all babies were born into rented homes in 2016/17, according to a new report by Royal London, up from just one in three in 2003/04.
  • The average age for first-time mums and dads is 29 and 33 respectively, while the average age of a first-time buyer is now 34. The so-called ‘generation rent’ is becoming ‘generation parent’.
  • The number of families with children who are living in privately rented homes has risen by 94% in the decade to 2016/17, with 1.8 million families now in the sector. The North East and Yorkshire and the Humber are the regions which have seen the largest proportional increases.
  • While some may make this lifestyle choice, there is a concern that many households may become caught in the ‘parent rent trap’, as renters pay on average more of their monthly income on housing.

Value my property today

Lets get started! Our valuations are based on our extensive knowledge of the whole of the market.

Get a valuation

Related articles

A property website made truly personal

We’re here to make property easy and enjoyable through car…

Spring into Action

As we welcome spring, Phillip Bishop – MD at Perry Bis…

For those looking to move, this is the Best Ever Spring Sellers’ Market says Rightmove

House prices hit another new record in March with the averag…