The British Property Federation is urging Chancellor
Phillip Hammond to bring in tax measures to help the purpose-built Build To
Rent sector assist the government in meeting its housing targets. BPF figures show that in the past year the
number of BTR units in with planning permission, under construction or
completed in the UK has surged by over 200 per cent to 67,000 units. The
regions have seen an increase of almost 400 per cent, from 7,000 units in
October 2015 to over 34,000 a year on. The BPF has stressed that although these
figures are encouraging, the sector could be delivering far more homes. Read
more on the Lettings Agent Today website.
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