£1bn build-to-rent scheme gets underway

Posted at March 5, 2014 | Categories : News

Tenants could get a greater choice of newly-built homes to rent under plans announced today (5th March 2014).

Housing Minister, Kris Hopkins, has published a shortlist of developments in areas including London, Manchester, Liverpool and Kirklees that could benefit from a share of the Government’s £1 billion Build to Rent Fund.

Up to 6,500 homes could be built under the scheme, which is designed to help developers build large scale, quality homes specifically for the private rental sector.