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Saturday, December 12, 2009

Government sluggish on Private Rental Sector

The government was accused of being “sluggish” in its response to the to the private rented sector in last weeks Pre-Budget Report.

In the report, the government today said it would issue a consultation paper following the recommendations from Dr Julia Rugg on the private rental sector early next year.

It said the paper would consider the “contribution the private rented sector could make to addressing demand and increasing housing supply and any barriers to investment”.

However, the British Property Federation branded the government “sluggish”, and said it was disappointed in the response to the Rugg reccomendations and also to the HCA’s Private Rental Sector Initiative.

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