Rent to buy - Revision history

Editor at 14:04, 16 June 2021

2021-06-16T14:04:08Z

← Older revision		Revision as of 14:04, 16 June 2021
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	The Mayor of London at that time, Boris Johnson, said, “Loans are available to significantly accelerate the pace of development, especially on bigger schemes, and unlock additional supply. Through this exciting new fund we hope to provide thousands of brand new homes many years sooner than would otherwise be possible, and make them available to rent at below market rates for hardworking Londoners.”		The Mayor of London at that time, Boris Johnson, said, “Loans are available to significantly accelerate the pace of development, especially on bigger schemes, and unlock additional supply. Through this exciting new fund we hope to provide thousands of brand new homes many years sooner than would otherwise be possible, and make them available to rent at below market rates for hardworking Londoners.”

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Affordable housing.		* Affordable housing.
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	* Real Estate Investment Trusts.		* Real Estate Investment Trusts.
	* Right to rent.		* Right to rent.
		+	* Scotland reaches homebuilding milestone in 2021.
	* Section 106 agreements.		* Section 106 agreements.
	* Social rented housing.		* Social rented housing.

Designing Buildings at 08:13, 22 December 2020

2020-12-22T08:13:48Z

← Older revision		Revision as of 08:13, 22 December 2020
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	* [https://www.gov.uk/government/news/new-rent-to-buy-scheme-to-help-young-people-save-and-move-up-housing-ladder DCLG New 'Rent to Buy' scheme to help young people save and move up housing ladder]. 26 September 2014.		* [https://www.gov.uk/government/news/new-rent-to-buy-scheme-to-help-young-people-save-and-move-up-housing-ladder DCLG New 'Rent to Buy' scheme to help young people save and move up housing ladder]. 26 September 2014.

−	[[Category:~~Policy~~]] [[Category:DCN_Policy]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Policy]] [[Category:Policy]]

89.206.167.59 at 13:30, 3 September 2018

2018-09-03T13:30:55Z

← Older revision		Revision as of 13:30, 3 September 2018
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	Communities Secretary Eric Pickles said, “As part of our wider housing programme, this new scheme will help increase the provision of low-cost rented accommodation and provide a springboard for young people to upgrade to home ownership down the line.”		Communities Secretary Eric Pickles said, “As part of our wider housing programme, this new scheme will help increase the provision of low-cost rented accommodation and provide a springboard for young people to upgrade to home ownership down the line.”

−	The Mayor of London, Boris Johnson, said, “Loans are available to significantly accelerate the pace of development, especially on bigger schemes, and unlock additional supply. Through this exciting new fund we hope to provide thousands of brand new homes many years sooner than would otherwise be possible, and make them available to rent at below market rates for hardworking Londoners.”	+	The Mayor of London at that time, Boris Johnson, said, “Loans are available to significantly accelerate the pace of development, especially on bigger schemes, and unlock additional supply. Through this exciting new fund we hope to provide thousands of brand new homes many years sooner than would otherwise be possible, and make them available to rent at below market rates for hardworking Londoners.”

	= Find out more =		= Find out more =
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	* [https://www.gov.uk/government/news/new-rent-to-buy-scheme-to-help-young-people-save-and-move-up-housing-ladder DCLG New 'Rent to Buy' scheme to help young people save and move up housing ladder]. 26 September 2014.		* [https://www.gov.uk/government/news/new-rent-to-buy-scheme-to-help-young-people-save-and-move-up-housing-ladder DCLG New 'Rent to Buy' scheme to help young people save and move up housing ladder]. 26 September 2014.

−	[[Category:Policy]]	+	[[Category:Policy]] [[Category:DCN_Policy]]

Editor at 10:18, 2 February 2016

2016-02-02T10:18:28Z

← Older revision		Revision as of 10:18, 2 February 2016
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−
	The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes initiative, which also includes ‘help to buy’ and ‘right to buy’.		The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes initiative, which also includes ‘help to buy’ and ‘right to buy’.

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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
−	*Affordable housing.	+
−	*Affordable rented housing.	+	* Affordable housing.
−	*Build to rent.	+	* Affordable rented housing.
−	*Help to buy.	+	* Build to rent.
−	*Housing associations.	+	* Help to buy.
−	*Intermediate housing.	+	* Housing associations.
−	*Real Estate Investment Trusts.	+	* Intermediate housing.
−	*Section 106 agreements.	+	* Real Estate Investment Trusts.
−	*Social rented housing.	+	* Right to rent.
		+	* Section 106 agreements.
		+	* Social rented housing.

	=== External references ===		=== External references ===
−	*[https://www.gov.uk/government/news/new-rent-to-buy-scheme-to-help-young-people-save-and-move-up-housing-ladder DCLG New 'Rent to Buy' scheme to help young people save and move up housing ladder]. 26 September 2014.	+
		+	* [https://www.gov.uk/government/news/new-rent-to-buy-scheme-to-help-young-people-save-and-move-up-housing-ladder DCLG New 'Rent to Buy' scheme to help young people save and move up housing ladder]. 26 September 2014.

	[[Category:Policy]]		[[Category:Policy]]

Designing Buildings at 11:03, 1 May 2015

2015-05-01T11:03:32Z

← Older revision		Revision as of 11:03, 1 May 2015
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	*Affordable housing.		*Affordable housing.
	*Affordable rented housing.		*Affordable rented housing.
		+	*Build to rent.
	*Help to buy.		*Help to buy.
	*Housing associations.		*Housing associations.

Designing Buildings at 10:13, 26 January 2015

2015-01-26T10:13:09Z

← Older revision		Revision as of 10:13, 26 January 2015
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−	The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes ~~programme~~, which also includes ‘help to buy’ and ‘right to buy’.	+	The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes initiative, which also includes ‘help to buy’ and ‘right to buy’.

	Rent to buy allows housing associations and other private housing providers to bid for low-cost loans to build new homes. These will mainly consist of 1 and 2 bedroom apartments. Half of the funding will be made available in London, with London-based housing providers bidding for funding through the Greater London Authority (GLA).		Rent to buy allows housing associations and other private housing providers to bid for low-cost loans to build new homes. These will mainly consist of 1 and 2 bedroom apartments. Half of the funding will be made available in London, with London-based housing providers bidding for funding through the Greater London Authority (GLA).

Designing Buildings at 10:12, 26 January 2015

2015-01-26T10:12:42Z

← Older revision		Revision as of 10:12, 26 January 2015
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−

	The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes programme, which also includes ‘help to buy’ and ‘right to buy’.		The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes programme, which also includes ‘help to buy’ and ‘right to buy’.
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	Housing providers must then make the homes available for rent at below-market rates for a minimum of 7 years, that is, at up to 80% of market rent. This 7-year period is intended to give tenants the time to save up for a deposit to buy the home. At the end of the period, the tenant will have first refusal to buy the property.		Housing providers must then make the homes available for rent at below-market rates for a minimum of 7 years, that is, at up to 80% of market rent. This 7-year period is intended to give tenants the time to save up for a deposit to buy the home. At the end of the period, the tenant will have first refusal to buy the property.

−	Housing providers have the flexibility to repay the loan at any time but must repay ~~the loan~~ no later than 16 years after construction of the funded homes. Only once the ~~loans are paid~~ can the housing ~~association~~ sell or rent out the homes at a market rate.	+	Housing providers have the flexibility to repay the loan at any time but must repay it no later than 16 years after construction of the funded homes. Only once the loan is repaid can the housing provider sell or rent out the homes at a market rate.

	Communities Secretary Eric Pickles said, “As part of our wider housing programme, this new scheme will help increase the provision of low-cost rented accommodation and provide a springboard for young people to upgrade to home ownership down the line.”		Communities Secretary Eric Pickles said, “As part of our wider housing programme, this new scheme will help increase the provision of low-cost rented accommodation and provide a springboard for young people to upgrade to home ownership down the line.”

Designing Buildings: Created page with " The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes programme, which also includes ‘help to ..."

2015-01-26T10:09:21Z

Created page with " The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes programme, which also includes ‘help to ..."

New page

The ‘rent to buy’ scheme was launched by Communities Secretary Eric Pickles in September 2014. It is part of the affordable homes programme, which also includes ‘help to buy’ and ‘right to buy’.

Rent to buy allows housing associations and other private housing providers to bid for low-cost loans to build new homes. These will mainly consist of 1 and 2 bedroom apartments. Half of the funding will be made available in London, with London-based housing providers bidding for funding through the Greater London Authority (GLA).

Housing providers must then make the homes available for rent at below-market rates for a minimum of 7 years, that is, at up to 80% of market rent. This 7-year period is intended to give tenants the time to save up for a deposit to buy the home. At the end of the period, the tenant will have first refusal to buy the property.

Housing providers have the flexibility to repay the loan at any time but must repay the loan no later than 16 years after construction of the funded homes. Only once the loans are paid can the housing association sell or rent out the homes at a market rate.

Communities Secretary Eric Pickles said, “As part of our wider housing programme, this new scheme will help increase the provision of low-cost rented accommodation and provide a springboard for young people to upgrade to home ownership down the line.”

The Mayor of London, Boris Johnson, said, “Loans are available to significantly accelerate the pace of development, especially on bigger schemes, and unlock additional supply. Through this exciting new fund we hope to provide thousands of brand new homes many years sooner than would otherwise be possible, and make them available to rent at below market rates for hardworking Londoners.”

= Find out more =

=== Related articles on Designing Buildings Wiki ===
*Affordable housing.
*Affordable rented housing.
*Help to buy.
*Housing associations.
*Intermediate housing.
*Real Estate Investment Trusts.
*Section 106 agreements.
*Social rented housing.

=== External references ===
*[https://www.gov.uk/government/news/new-rent-to-buy-scheme-to-help-young-people-save-and-move-up-housing-ladder DCLG New 'Rent to Buy' scheme to help young people save and move up housing ladder]. 26 September 2014.

[[Category:Policy]]