Aug
12

Build to Rent is the REAL key to rental reform says portal boss

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A summer of government chaos has led to several questions being left unanswered, particularly for the property industry.

When Michael Gove unveiled the Levelling Up White Paper, setting out a plan to transform the UK by “spreading opportunity and prosperity” to all parts of it, it was made clear that the rental market must reform. 

Experts believe that had Gove remained, his focus would have turned to the Build to Rent (BTR) sector and the benefits that it offered.

This would have included a spotlight on the role of institutional investment or professionally managed renting, and how this could form central pillars of the rental reform White Paper and the need for more high-quality rental homes. 

Dedicated Minister

Love to Rent, the first and only digital marketing platform for BTR, has been calling for some time for a dedicated Minister for Renting to address some of the problems in the private rented sector.

The industry at large believes a dedicated minister is needed to support the households which are private rentals and to encourage and play a part in the growing BTR sector, which can improve the lives of millions in the future.

Michael Gove has been vocal about the need for reform in the rental sector and has highlighted areas of improvement such as the need for more quality rental homes, better customer service, more responsible landlords and to lessen the environmental impact.

These are the same objectives that are core to the Build to Rent sector and which are carried out with each new development.

Read more: What does BTR mean for BTL?

It is our hope that the new housing minister, Greg Clark, will ensure that the thousands of people renting will get the protection they deserve.” 

It is not just Gove who recognised this need for change. Surging demand has led to local authorities favouring the Build to Rent sector with many creating their own Build to Rent planning policy to speed up delivery. 

Anne-Marie Brown, the Founder and CEO of Love to Rent

View Full Article: Build to Rent is the REAL key to rental reform says portal boss

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