Norfolks online estate agents. Est. 2007

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30 October 2007

A new study from the New Homes Marketing Board (NHMB) has revealed that Britons' desire to own a UK property of their own remains undimmed despite the sharp rise in house prices seen over the last few years.

A YouGov survey conducted on behalf of the NHMB has found that just eight per cent of the population said they would be happy to continue renting a property for the rest of their life.

The house building industry is committed to meeting the government's new home targets, the NHMB added, with the board also calling on local communities to play their part.

"The supply and variety of homes for rent, like homes for sale, is ultimately controlled by land availability and the planning system, and an ongoing serious shortage of supply will simply drive up rents as it has driven up prices," said NHMB chairman David Pretty.

"Government and housebuilders cannot solve the problem alone. We need the active cooperation of local communities to build the homes we need and to make life easier for homebuyers," Mr Pretty added.

Last week it was suggested that the government would need to raise its building targets from 240,000 to 270,000 a year if housing demand was to be met in the future
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