STOP PRESS: An updated version of the National Planning Policy Framework (NPPF) was published on 12 December 2024. This content is being reviewed in accordance with the latest version
This Practice Note:
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discusses the development of the large scale private rented sector (PRS)
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considers the Government’s incentive package for build to rent (BTR) in the form of the Home Building Fund (HBF) and the Private Rented Sector Housing Guarantee scheme (PRSHG scheme)
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explains the current market context and some of the structures by which large scale BTR accommodation may be delivered
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considers the potential for the delivery of affordable private rent (APR) as part of a development particularly in the light of the planning practical guidance (PPG) on BTR
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outlines the common routes for local authorities to be involved in BTR
Need for government incentivised Build to Rent sector
Data from the English Housing Survey 2016-17 published in July 2018 which covered over 23 million households in England, shows that the PRS accounted for 4.7 million households across England, in comparison
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