Friday, 28 March 2014

Help to Buy Putting House Builders off Build to Rent

Dozens of developers have pulled out of the Government’s controversial Build to Rent fund, as a result of rising demand for homes bought under the Help to Buy scheme. The shift to building homes for people willing and able to buy will come at the cost of those who are unable to get mortgages and need to live in rented accommodation. 25 companies have abandoned a £1 billion fund created by the government to build new homes for people to rent, according to Construction News. Read more on the Independent website.

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