Thursday, 8 October 2015

Generation Rent Should Not Be Overlooked

The British Property Federation (BPF) has urged the Government to focus on delivery of all housing tenures, not just owner-occupation, in response to Prime Minister David Cameron’s announcement that national planning policy will be changed to allow developers to build and sell Starter Homes in place of affordable housing requirements. The organisation has warned that, although initiatives to create more homes for sale are welcome, high house prices and the growing number of private renters in the UK means that more must be done to encourage the purpose-built rental sector, which has £30bn ready to invest, and the potential to deliver a significant number of new homes. Read more on the BPF website.

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