The Survey of English Housing 2003 – 04 reveals that there were an estimated 14.5 million homeowners in England compared to 14.9 million in 2002 – 03. Both figures represented 71% of all households. The figures also showed that of the 5.5 million first time owners, 945,000 had purchased their home since 2000, 36% were newly formed households, 39% were …