Monday, 11 November 2013

Build-To-Rent Likely To Be Viable Across More than Half of England

The Build-to-rent scheme aims to attract large institutions to invest in the private rental sector. It hopes the fund will encourage investors to finance new, purpose-built developments that will improve standards for private renters.  However, concerns were raised over how viable developments would be in different parts of the country – with many assuming that only developments in London and the south east would attract investment.  The expected returns for investment in the private rental sector, even in London and the south east, often fall short of major investors' expectations. However a report released by property consultancy EC Harris claims build-to-rent could work in more than half of English local authority areas (53%) without land discounts or subsidy.  Download a copy of the report from the EC Harris website.

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