There is growing confidence in the government’s scheme of build-to-rent, which was revealed in 2012. The aim of this scheme was to encourage large organisations to invest in the private rental sector that will allow for new purpose built development sites that will improve the standards for private renters. Now, there is increasing confidence in the benefits of this scheme as 2 new reports have emerged that show that the scheme is benefiting private renters and landlords in several different areas of the UK and not just in London and the South East, as was first thought may happen.

It is now becoming increasingly thought that the build-to-rent scheme has a lot of merits for private renters and landlords. It is believed that a large number of high quality rented accommodation will raise the standards and the level of competition of the property market. This is thought to in turn stabalise the rent levels which will be of benefit to the private renters and lenders.

Confidence in Build-To-Rent Scheme is Growing

You can read more on the growing confidence in the government’s build-to-rent scheme and how it will benefit private renters and landlords below ….

Confidence is growing in the government’s build-to-rent scheme. Two reports have now found the numbers stack up outside the boom areas of London and the south-east.

The government’s £1bn build-to-rent fund – launched in 2012 and topped up in the 2013 budget – aims to attract large institutions to invest in the private rental sector. It hopes the fund will encourage investors to finance new, purpose-built developments that will improve standards for private renters.

A large influx of high-quality rented accommodation will raise standards and competition in the market and, in turn, should stabilise rent levels, which hit record levels in September. Major investors will also seek professional property managers to look after the development. This professional approach is in stark contrast to much of the current private rental sector which is often dominated by amateur buy-to-let private landlords and rife with malpractice.

But concerns were raised over how viable developments would be in different parts of the country – with many assuming that only developments in London and the south east would attract investment. [ Original Source: here ]

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