Scottish Property Federation welcomes Cabinet Secretary for Housing’s statement on Action Plan for Housing Emergency
The Scottish Property Federation (SPF) welcomes today’s announcement by Cabinet Secretary for Housing, Mairi McAllan MSP, indicating Government’s intent to exempt Mid-Market Rent and Built-to-Rent (BTR) properties from proposed rent controls in the Housing (Scotland) Bill.
Commenting on the proposals, SPF Interim Director Robin Blacklock said:
“Today’s statement marks a positive and reassuring step for the industry, demonstrating that our concerns have been acknowledged. The exemptions for Mid-Market Rent and BTR offers some long-awaited certainty for those investing in new homes for rent, which are vital to expanding Scotland’s rental housing supply.
“We also support the target to achieve a minimum 10% year-on-year increase in housing delivery across all tenures over the next three years and welcome the government’s ambition to secure £4.9bn investment into the delivery of new affordable homes, which recognises the important role that private investment can play. These moves, combined with an ‘emergency-led’ approach to planning delivery will be critical to providing certainty and boosting Scotland’s housing supply.
“Stage 3 of the Housing (Scotland) Bill, expected at the end of this month, will provide further clarity on other aspects of the legislation. It is crucial that an amended Bill receives cross-party support to effectively address Scotland’s housing emergency at last.
“We remain committed to working collaboratively with the government and stakeholders to shape a pragmatic Housing Bill that promotes investment and development, ultimately increasing the supply of much-needed housing in Scotland.”
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