Prisk: Social Landlords Can Branch Out To Meet Demand for Private Rent

In his first speech as Housing Minister, Mark Prisk urged housing associations to turn their expertise in providing social homes to also building new homes for private rent.  He called on landlords to bid for a share of a £10billion Government Guarantee and "provide the spark to get Britain building", delivering homes built for new tenants - whether in social homes or for private rent. He said a review of the private rented sector by Sir Adrian Montague highlighted real potential for the development of homes built specifically for private rent, with funding for these new properties coming from institutional investors.  But speaking to the National Housing Federation in Birmingham, Mr Prisk argued that social landlords could also make the most of the potential that Sir Adrian's report identified. He argued that with years of experience and expertise in providing affordable homes to rent and buy, housing associations could both continue delivering services for social tenants and offer homes for private tenants.  Read more on the CLG website