Developers and investors have written to the housing minister proposing a three-point action plan that could see more than 250,000 extra homes built for rent. The Better Renting campaign’s letter, signed by 11 companies, says that Build to Rent, where corporates build clusters of homes that are rented and not sold, could help the government deliver its pledge to build a million homes by 2020.
Susan Freeman, partner at Mishon De Reya, says: "The UK needs a professional Build to Rent sector to meet the increasing demand for good quality rental product. The government should be actively encouraging further investment in Build to Rent development to boost the number of new homes available as rental is an important part of the solution to the housing crisis.”
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