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Industry pledges longer tenancies for build-to-rent

Industry pledges longer tenancies for build-to-rent

18 April 2017

In a letter to the Government signed by twenty investors and developers in the build-to-rent sector, the British Property Federation has set out a pledge to offer the option for three-year tenancies for new build-to-rent properties, as well as rent reviews no more than once a year.  Shorter tenancies would continue to be available.

 

The pledge comes as a response to the Housing White Paper calling for mix of tenures, to accommodate households such as families that may require greater tenancy security.