The British Property Federation (BPF) has thanked the former Minister of State for Housing and Local Government Mark Prisk for his positive contribution to UK housing policy following the announcement of his departure from the role today.
During his time in office Mr Prisk led the Government’s response to the Montague Review, which resulted in a £1billion Government investment into Build-to-Rent property development. The BPF praised Mr Prisk’s support for the professional private rented sector and particularly his efforts to spur greater institutional investment in new homes.
The BPF has long supported the further development of a large-scale, professionally-managed Build-to-Rent sector that has the potential to play an integral role in resolving the affordable housing crisis, and said it hoped his successor would embrace a similarly positive approach towards delivering homes of all tenures, including Build-to-Rent.
Ian Fletcher, Director of Policy at the BPF, said:
“Mr Prisk leaves his office today having been a key part of the realignment of UK housing policy, which is now in a far better position that it was only a year ago.
“Housing is now higher up the political agenda than it has been for some time, and we would emphasise the importance of Mark’s successor continuing this approach. We hope that the next Minister continues to face up to the huge challenges of supply with the same enthusiasm, and supports the delivery of homes for rent and sale.”