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OpenConsult / Buckinghamshire plan / HO.7

Policy HO.7

Build to Rent

On page 241 of the official PDF.

The human version

This policy supports Build to Rent housing, which is purpose-built rental housing kept under single ownership. Schemes must provide high quality homes that contribute to mixed and balanced communities, be under unified ownership and management with on-site management, and consist of self-contained homes let separately. A Section 106 legal agreement will secure the management and letting arrangements, covenants and any clawback if homes are sold early. Affordable homes must be provided as Affordable Private Rent at the levels set in Policy HO.3.

An unofficial plain English summary. The official wording below is what counts at examination; check it before you rely on anything here.

Open PDF at p. 241

What the plan says

The text below is extracted automatically from the official PDF and may contain artefacts; the PDF is authoritative.

households. Accommodation may be intended as short term housing to help people overcome challenges or more permanent arrangements where longer-term support is required. 5.3.6 Given the very broad range of accommodation that falls within the term Specialised Housing, this policy is designed to act as a framework to assess the range of proposals that may come forward. Further, the Plan covers the period to 2050, and it is reasonable to assume that during this period: • new or updated evidence will emerge on the scale and nature of need for Supported Housing; • there will be changes to market conditions, national and local priorities and policies, and preferred delivery models of different categories of specialised housing. 5.3.7 Changes can sometimes happen at short notice and relate to matters which may not directly fall within the scope of the planning system, but which may have significant impacts for the way in which Specialised Housing is delivered. It is also important to consider implications arising from implementation of the Supported Housing (Regulatory Oversight) Act 2023. 5.3.8 The SHMA calculated different levels of need for affordable older persons housing depending on the type of support proposed. The need is shown in the table above and reflected in the different proportions required in the policy. Given that viability is a mixed picture, viability will be assessed on a case-by-case basis. Policy HO.7 Build to Rent Proposals for the development of Build to Rent housing will be supported where they are in accordance with the Spatial Growth Strategy and other policies within this Plan and where they comply with all of the following criteria: 1. The proposal provides high quality housing that contributes positively to the provision of mixed and balanced communities, 2. The development is under unified ownership and unified management, 3. The development will provide on site management, 4. All the dwellings are self-contained and let separately, 5. The homes will be secured as part of a Section 106 agreement, which should include the process for the management and letting arrangements, covenants the build to rent homes are held under and any clawback arrangements. 6. Affordable homes on a build to rent scheme should be provided as Affordable Private Rent. The Affordable Private Rent units must be let to those whose needs are not met by the market and eligibility criteria for these units will be set out in the Section 106 agreement. The amount of Affordable Private Rent units should be in accordance with Policy HO.3.
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