Friday 27 February 2015

Private Rented Housing: Construction – Parliamentary Written Answer

Emma Reynolds: To ask the Secretary of State for Communities and Local Government, how many applications under the Build to Rent scheme have been (a) received, (b) accepted and (c) refused from (i) private developers, (ii) housing associations, (iii) housing co-operatives, (iv) local authorities and (v) other entities.

Brandon Lewis: In the first round, the HCA shortlisted 43 bids: 22 were approved subject to conditions being met (4 registered providers, 2 public limited companies, 12 private companies, 4 others); 16 bids were withdrawn during the process of scrutiny during the shortlisting; 5 bids from private companies were rejected. In the second round, 36 eligible bids were originally shortlisted (1 registered provider, 5 public listed companies, 26 private companies, 4 others); 3 private bids have been approved so far; the consideration of the other shortlisted bids is ongoing. We estimate that the Fund will this year be committed in full, and I can confirm that the programme is on course to meet our 10,000 homes target.

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