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For the greater part of the 20th century the private rented sector was in long-term decline. The combination of growth in owner-occupation and the role of city councils, borough councils, and district councils as social landlords, through public housing and latterly the housing association movement, contributed to a decline in the private rented sector.
As an example, the Local Reference Rent for the largest type of house in the East Thames Valley locality in March 2009 was £328.85 per week, while the Local Housing Allowance for a similar property in the same area was £646.15 per week, an increase of £16,500 per year.
Bromford is a housing association providing affordable housing and specialist housing support services. The businesses covers a wide geographical area, predominately Central England and the South West, which includes Gloucestershire, the West Midlands, Shropshire, Staffordshire, Herefordshire, Worcestershire, Northamptonshire and Buckinghamshire.
In private accommodation, new rights were enacted for tenants against their landlords, with some security of tenure and rent regulation, a break on unfettered "freedom of contract". The policy was halted by the Housing Act 1980 , which sought to privatise properties by introducing a " right to buy " one's council home.
Real estate is a significant feature of the economy of the United Kingdom, and regulated according to Scottish and English land law.The real estate market in the United Kingdom is the largest or second-largest in Europe (after Germany) depending on the method of measurement.
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