Government gives go ahead for £3.5bn private rented homes deal

The UK housing minister Brandon Lewis has signed off on a new deal unlocking £3.5bn in funding to help build homes in the private rented sector. The scheme enables landlords of new, rented homes to use a government guarantee to secure long-term financing. The investment will give tenants more choice of better quality homes by increasing the supply of purpose built, professionally managed, private rented homes.

Full story available from Property Reporter: http://www.propertyreporter.co.uk/property/new-35bn-private-rented-homes-deal-given-go-ahead-by-the-government.html

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