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Wednesday, 21 August, 2002, 23:04 GMT 00:04 UK
Singletons fuel housing boom
Single house seeker
More single women are buying houses
The increasing tally of unmarried Britons has led to a sharp rise in the number of singleton home owners, the Halifax bank has said.

With marriages happening later in life, and divorces on the increase, there are more single people on the property market.


It is imperative that planners and builders take account of this when deciding what type of properties to build and where to build them

Martin Ellis, Halifax economist
"People are also living longer," Halifax economist Mark Ellis said.

The bank found 40% of homebuyers were single in 2001, compared with one quarter in 1983.

The rise is being attributed in particular to the increasing numbers of singletons among young adults and the elderly, with women leading the shift.

The proportion of single women buying their own home has risen from 8% to 15% in the past two decades.

Planning implications

Halifax said house builders should take note of the findings for planning future building projects.

"It is imperative that planners and builders take account of this when deciding what types of properties to build and where to build them," Mr Ellis said.

"It's no use building three or four bedroom houses when the demand is for one or two bedroom houses and flats."

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Geraint Davies MP
"It's important to send out the signal that we need to tighten up the system"
See also:

09 May 02 | Scotland
21 Aug 02 | Business
15 Aug 02 | Scotland
14 Aug 02 | Business
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