It is the biggest build-to-rent plan in the city and would make use of land that has lain unused for more than 20 years
A MAJOR housing plan in Glasgow is being put on hold, with Scottish Government rent controls cited as a reason.Get Living has permission for the flats, including more than 800 for rent and almost 700 for students, on the old college goods yard behind High Street..
It said rent control policy has led to a change in investor support and wants the Government to reconsider its plans. “Whilst it remains our ambition to be part of the solution to the city’s housing shortage, at present we are unable to proceed with the scheme against this background and we hope that the Scottish Government will reconsider its stance.”
“Safeguards are built in for landlords, and we are allowing modest rises in rents from April onwards.
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