In his first speech as Housing Minister, Mark Prisk asked social landlords to diversify into building new homes for private rent while calling on the sector to bid for a share of £10 billion in Government Guarantees. Prisk said this would, “provide the spark to get Britain building”.
When he spoke at the NHF conference, he said:
“There’s a tremendous opportunity here. We know there is already a massive demand for housing in the private rented sector. Housing associations already provide excellent services to their tenants, but have the potential to offer homes to a much wider group of people.”
Meanwhile less succss for Mr Shapps inititiave on the RTB
Inside Housing reports that only one in 25 Right to Buy enquiries has led to a completed sale since the policy was relaunched in April 2012, despite a campaign to increase this on facebook