New home building not keeping up with demand in UK

Demand for rented homes in the UK is set to grow by 1.1 million over the next five years despite various government policies to boost home building, according to new research. The Government has a target of building 400,000 new affordable homes for sale over the course of this parliament, but an additional 220,000 homes for rent a year are still needed, according to new analysis from real estate adviser Savills. It’s report says that while policy will curb some of the demand for rented homes, ...