Housing Minister, Kris Hopkins MP signed a deal last week on 28th March to deliver newly-built homes specifically for private rent in 6 different towns. This third deal of the government’s Build to rent scheme working towards 10,000 new homes for private rent by 2015 to help tackle housing shortages across England.
The Department for Government and Local Communities (DCLG) released a press release last week outlining the six sites where 110 houses and 80 apartments will be built. The 190 homes are being built across six different sites en masse to prove the viability of large-scale market in housing.
The six sites are:
- Wickhurst Green, Horsham
- Charlton Hayes, Filton, Bristol
- Coopers Edge, Brockworth
- Oak Tree Place, Hedge End, Southampton, Hampshire
- Great Kneighton, Trumpington, Cambridge
- Aspen Park, Hemel Hempstead
RLA chairman Alan Ward will be discussing the role of build to rent for private landlords in a free Landlord Law webinar on Thursday 3rd April. Find out more.
You can read the full press release from the DCLG on the government website by clicking here. Government commitment to tackle the housing shortage is something that the RLA are very keen of as pressures build on the private rented sector (PRS) and other housing options.
Work is already underway through Round 1 of the build to rent scheme. Southampton and Manchester are part of the scheme with 17 other sites either in due diligence final stages or contracting.
- DCLG build to rent press release
- Alan Ward: Landlord law live 3rd April
- Licensing: Milton Keynes scraps proposals. Waltham Forest waits to decide