Tuesday, 27 October 2015

Call For Build To Rent To Be Expanded And Include More Affordable Homes

Build to Rent development in London is over double that in the rest of the UK, with a new manifesto calling for more affordable homes to be included in such schemes. There are over 14,276 units in planning, completed or under construction in London compared to 7,112 in the rest of the country, according to the new data from the British Property Federation.  They also show that there are at least 3,404 completed units in London, compared to 240 in the rest of the UK. The organisation has published a new manifesto for the Build to Rent sector, in which it urges government to change national planning policy to stress that the appropriate affordable housing on new Build to Rent developments should be discounted market rent. Read more on the Property Wire website.

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