London: households tenure from 2008 to 2022
In 2022, the there were more private renters in London, England, than owner-occupiers with a mortgage. Approximately 1.1 million households occupied a privately rented home compared to less than a million that were buying a home with a mortgage. Additionally, approximately 812,000 households owned their home without a mortgage. In England, London is a very expensive place to live. In 2022, the difference between weekly average private rent costs in London versus the England average differed with more than 40 British pounds.
