Updated 10.04.14
Build to Rent Scheme Will Fund 123 Homes for Private Rent in West Drayton
A west London suburb is set to benefit from over 120 new homes specifically for private rent under a new deal announced by Housing Minister Kris Hopkins.
Under the terms of the deal, Inland Homes will receive an £8.7 million repayable loan to build 123 new 1 and 2-bedroom apartments in West Drayton, Middlesex. The homes will be available for private rent, with work starting on site as early as July this year.
The scheme will be funded as part of the Government's Build to Rent initiative, which helps developers build homes specifically for the private rented sector.
The 123 homes announced will be built as part of the wider Drayton Garden Village development, which includes a total of 773 new homes, a nursing home and commercial premises.
