Property investors are vital to the future of social housing, according to a housing industry body.
The British Property Federation (BPF) believes that private landlords are the 'only way' to fill the gap between social housing and home ownership.
Ahead of the Financial Services Authority decision to regulate buy-to-let mortgages, the BPF has called for the government to realise the potential of the private rental sector.
Ian Fletcher, BPF director of policy, said: "The private rented sector has gained more attention in housing circles, but political support remains worryingly muted. That is a pity, because it's the only way of satisfying housing need for the foreseeable future.
"We need to redouble our efforts to emphasise this is not just about quality renting, but about delivering the housing supply the country needs."
Mr Fletcher said that the flexibility of the sector was only highlighted by the recession, when people may find their circumstances change unexpectedly.
Recently the mayor of London, Boris Johnson, renewed his pledge to supply the capital with an additional 50,000 new homes, to fill the existing gap in affordable housing.
See Also: Property News (6699)
Date Published: 27 January 2010
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