1000 new built for rent homes for London

Recent press release from the Department for Communities and Local Government, Homes and Communities Agency and Brandon Lewis MP headlined ‘Boost to London Housing from 1000 homes Built to Rent’.

Two multi-million pound deals that will see over 1,000 new homes built in the capital specifically for private rent have been welcomed by Housing Minister Brandon Lewis.

The 2 schemes are the latest deals under the government’s innovative Build to Rent scheme and are being supported with more than £150 million of funding.

The 1046 new homes to rent support a package of government measures to deliver 1 million new homes to boost housing supply and help local economic growth.

The schemes help provide more choice for Londoners, and are located close to underground stations. Each site will include a mix of 1, 2 or 3 bedroom homes.

These include: 636 homes for rent at The Newfoundland Building, Canary Wharf and 400 homes for rent at Ferry Lane, Walthamstow

The properties will be completed in 2019.

Housing and Planning Minister Brandon Lewis said: “As a global city filled with opportunity and links to the rest of the world, there is a real demand for good quality homes available to rent on flexible terms in the Capital.

“These 2 new deals will provide a big boost to housing and help meet the needs of tenants well into the future”.

Read the full press release on the Gov.UK website click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Tips on Getting the Best of Costa Del Sol Property Market

There are a variety of reasons why you would want to buy a property in another country. Perhaps you’ve discovered the ideal holiday resort and are looking for a permanent location to store your belongings. Perhaps you like the thought of spending your senior years somewhere warm and bright. The mild climate throughout the year,…
Read More
Breaking News

WEEKLY NEWS ROUNDUP – 24/06/2022

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of Contents Renter’s Reform: The biggest upheaval in private renting since the 2004 Housing Act Most Homeowners Overly Optimistic About Property Value, According to Figures Property Market: Boom or bust, does it matter? There is a bigger threat to…
Read More
Mark Hayward
Breaking News

New Property Podcast launched with Mark Hayward: ‘The Residential Expert’

New podcast to discuss the latest property industry news and predictions, as well as advice for agents. New podcast to discuss the latest property industry news and predictions, as well as advice for agents. It will feature previous Propertymark CEO, Mark Hayward, and is hosted by home setup service, Just Move In. Episodes will be…
Read More
Quick ways to add value to your property
Estate Agent Talk

6 Ways to Avoid Common Rental Scams

The rental market is incredibly competitive right now. There’s limited rental inventory, and people are clamoring to find places all over the country. Unfortunately, along with this increased demand and high level of competition among renters also comes an uptick in scams. Unscrupulous people are taking advantage of desperate renters, so what can you do…
Read More
Breaking News

BREAKING PROPERTY NEWS – 23/06/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Proptech fu3e. secures £3.5 million investment from Gresham House Ventures Gresham House Ventures, a growth equity investor specialising in software and digitally-driven businesses in the consumer, healthcare, and service sectors, has made a £3.5mn investment in fu3e., an adaptive management reporting software platform for…
Read More
the value of trees in your garden
Home and Living

How much Value does a Tree add to your Home?

For those of us lucky to have a garden(s) or even a large parcel of land with our property then what it contains can have a big effect on the overall value. Outside of what we can build, mature plants, especially trees, can offer a big persuasion with potential buyers and increase value of real…
Read More