Man­i­festo wins land­lords’ back­ing

Yorkshire Post - Property - - PROPERTY -

The Bri­tish Prop­erty Fed­er­a­tion (BPF) has wel­comed Labour’s new hous­ing man­i­festo, say­ing it of­fers a re­al­is­tic and broad ar­ray of mea­sures which could help nur­ture the UK’s pri­vate rented sec­tor.

The govern­ment “would like to see larger and pro­fes­sional or­gan­i­sa­tions pro­vid­ing rented ac­com­mo­da­tion, along­side the many in­di­vid­ual land­lords” adding that it es­pe­cially wants to “en­cour­age more in­vest­ment in new build rented ac­com­mo­da­tion”.

The BPF has been cam­paign­ing for a US-style “build to let” pro­fes­sional rented sec­tor.

Liz Peace, chief ex­ec­u­tive, says: “How­ever much we would like to all be a na­tional of home­own­ers, the sim­ple re­al­ity is that this will not hap­pen”.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.