Housing Needs Assessment 2006 - Westminster City Council

Westminster – Housing Needs Assessment 2006Table 4.18 Housing tenure aspirations and requirementsTenure Like ExpectBuy own home 48.6% 29.6%Council rented 14.7% 14.7%RSL rented 5.2% 5.2%Private rented 25.6% 46.7%Tied 5.6% 1.7%Shared ownership 0.0% 1.5%House/flatshare in the privaterented sector0.3% 0.3%TOTAL 100.0% 100.0%Source: City of Westminster Housing Needs Survey 2006The table below shows a cross-tabulation between current tenure and future tenure preference. Thetable shows that generally households would like to remain in the same tenure as they currently livein. The exception to this is the private rented sector. Almost half (48.9%) of households in theprivate rented sector would like to move to owner-occupation. It should be noted that for analyticalpurposes figures for tied and house/flatshare are included in private rented whilst those for sharedownership are within owner-occupation.TenureTable 4.19 Current tenure and tenure preferenceOwneroccupiedTenure preferenceSocialrentedPrivaterentedTOTALOwner-occupied (no mortgage) 301 0 0 301Owner-occupied (with mortgage) 2,403 528 405 3,336Council 334 1,373 0 1,707RSL 138 1,169 0 1,307Private rented 10,164 2,374 8,249 20,787TOTAL 13,340 5,444 8,654 27,437Source: City of Westminster Housing Needs Survey 20064.9 Future moves – potential householdsA similar analysis can be carried out for newly forming (potential) households. These arehouseholds which are currently resident within Westminster and plan to move in the next two years,and to form a household with someone not currently within the same household.The survey estimates that there are 6,086 of these households who need or are likely to move overthe next two years. The table below suggests that potential households are slightly more likely towant to remain in the area than existing households; in total 69.1% of potential households wouldlike to remain in the area. However, the number expecting to remain in the area is less.PAGE 50