Fear of homes crisis as households rise - papers 15th March

clock

THE NUMBER OF households in Britain is expected to rise by almost a quarter over the next 20 years, the government said yesterday, an increase which is likely to put further strain on the country's limited supply of housing, reports The Guardian .

According to the paper, the Office of the Deputy Prime Minister (ODPM) raised projections made in 2002 by about 10% and said the main driver would be an increased number of people living on their own due to divorce or living longer at home in old age once a spouse had died. It said the number of households would rise from 20.9m in 2003 to 25.7m by 2026, an annual increase of 209,000, of which 150,000 would be due to a higher number of single people living alone. Of that 150,000 rise, almost all will be among the over 35s and a third among the over 65s. About 60% of the expected rise w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Robert Peston confirmed as PA360 keynote speaker

Robert Peston confirmed as PA360 keynote speaker

Join Peston and PA in London in April

Professional Adviser
clock 26 January 2026 • 1 min read
Brooks Macdonald becomes BAFTA wealth management partner

Brooks Macdonald becomes BAFTA wealth management partner

Partnership starts in 2026

Jen Frost
clock 08 December 2025 • 1 min read
As Reeves scrabbles for Budget funds, is she missing a Covid furlough trick?

As Reeves scrabbles for Budget funds, is she missing a Covid furlough trick?

Creativity key as chancellor faces tough tax and spending choices

Jen Frost
clock 21 November 2025 • 8 min read