Further announcements from the Housing Minister about the new family tenancies offering private rental families 2-3 year security. More details are expected to come forward in the autumn.
Housing minister Alok Sharma has announced widespread industry backing for the government’s plans to boost the private rental sector. The proposals, which have been backed by the British Property Federation and the RICS, include changing planning rules to allow councils to plan for more Build to Rent homes. In addition the government wants to make it easier for private rental developers to offer affordable rents and introduce family-friendly longer tenancies to provide better security to renters. Housing and planning minister Alok Sharma said: “Whether renting or owning all families should have the security they need to be able to plan for the future. “Build to Rent developments are a great example of doing just that, boosting the choice and quality of homes on the market – meeting the needs of renters in cities and towns across England.”