For many, being able to live in a good location, have great amenity on your doorstep, be near likeminded people and then not have to worry about maintenance or have large unexpected bills is a real positive. Elsewhere in the world, the private rented sector, driven by institutional investors is mature, but the UK (particularly urban areas) is catching up. Home ownership will undoubtedly remain the right choice for many but it is good to have a diverse mix of housing. And in many of our property hotspots where homes are in big demand, it provides a viable option to help solve the UK’s housing crisis.
Government is also trying to encourage build to rent from investors through the various changes in legislation, which, are drawn together in the housing white paper. According to Property week there are now 120,000 homes in development pipeline. As more small scale buy-to-let landlords leave the market, institutional investment in the rental sector is of key importance.
But could this change in tenure not only create a new exiting way to live, but also create better, higher quality, more sustainable homes?
The awards are presented each year to organisations and individuals who make a positive impact on the environment and excel in delivering products and services to improve sustainability. They were launched in 1994 by The Green Organisation and have become well established as one of the most popular environmental campaigns in the world.
“We are delighted to win this year’s award and receive the recognition for the Home Quality Mark’s work in improving the quality and sustainability of new homes” says Gwyn Roberts, New Homes and Communities lead at BRE. “It is recognition of the real team effort both across BRE and the UK housing sector and its supply chain. Saint Gobain have supported us from the outset, and are now actively aligning with us with their Multi Comfort standard.”
The Home Quality Mark (HQM) has been created to serve the UK’s housebuilders and the householders who buy and rent new homes. It will help housebuilders demonstrate the high quality of their homes and differentiate them in the marketplace. At the same time, it will give householders the confidence that the new homes they are choosing to buy or rent are well designed and built, and cost effective to run.
One of the key reasons why the Home Quality Mark won the award was because of the collaboration with many other organisations it its development. This includes Accord Group, AES Southern, Cala Homes, Construction Products Association, Ecological Building Society, Element Sustainability, Galliford Try, Gentoo , HAB Housing, Hodkinson Consultants, HTA, Kier, Kingspan, Lend Lease, Linden Homes, Peabody, Saint Gobain, Sustainable Homes, Weinerberger and Zed Factory.
More information on the Home Quality Mark is at www.homequalitymark.com