Hampshire MP backs plans to build buy-to-rent homes

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PROPOSALS to build buy-to-let properties on council land have been welcomed by an MP.

Conservative representative for the Meon Valley, George Hollingbery, said he agreed with a recent report by Sir Adrian Montague that also recommended voluntary standards for landlords.

Other ideas include waiving affordable housing requirements on new private rental developments or reviewing stalled sites to see whether new homes could be made available to rent rather than sale.

Mr Hollingbery said: ‘More than three million people rely on private landlords for their home and with the lowest number of first-time buyers since the 1970s, the expansion of this area is an important issue in the Meon Valley and across Hampshire.

‘We need to think of some radical ideas to get houses built and we must also improve the quality and range of the properties on offer.

‘The reality is that we need more social homes to rent, more private rented homes, and more homes for sale on the private market. Everyone recognises there’s a gap in all three.

‘At the moment what happens in the private rented sector is that people are buying existing houses not building new ones.’