Thursday, Apr 30, 2009
Latest idea to kickstart stalled housing schemes & mitigate against market downturn"
Mortgagesolutions: HCA launches a private rented sector initiative
The Homes and Communities Agency (HCA) has launched an expression of interest process for a new initiative, which could potentially attract significant investment into the housing market by encouraging institutions to fund new homes specifically for private rent. The objective of the HCA’s Private Rented Sector Initiative (PRSI) is to create an opportunity for investors – like pension funds – to enter the private rented sector on a large scale for the first time...................
Posted by jack c @ 02:35 PM (388 views) Add Comment
1 Comment
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1. will said...
Rental income is a pecentage of he building's market value, which as we all know is over-priced. How will they calculate a fair rent?