Tuesday, 29 November 2011

Private Rented Sector Becoming 'Tenure of Choice'

The private rented sector is becoming the tenure of choice due to the flexibility it offers, according to one of the Government's leading experts on housing. Terrie Alafat, Director of Housing Growth and Affordable Housing at the department for Communities and Local Government, told delegates at the National Landlords Association's annual conference in Manchester that it was an 'exciting time' for private landlords. She said: “It is an exciting time for the private rented sector. Housing is definitely at the top of the government’s agenda and the private rented sector is in the middle of all of that. We know that demand is continuing to grow and the sector has responded to that, expanding to house about 3.4 million households in England, which is an increase of one million since 2005. There is recognition about the flexibility of the sector. It isn’t a last resort, it is actually a sector which is the choice for people who do want that flexibility, who may want to move to work.” Read more on the NLA website.


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