Is home ownership losing its appeal asks Cover4LetProperty?
New research* from landlord insurance specialists Cover4LetProperty has revealed that nearly half of the adult population (44%) are living in private or social rented property.This supports recent figures from the Office of National Statistics which say that for the first time in a century, the UK has seen an increase in people living in rented accommodation rather than owning their home.** The research from www.cover4letproperty.co.uk also revealed that nearly a third (28%) of those questioned live in their own or mortgaged home, with the remaining