Great expectations? The impact of the property slump on BES‐assured tenancies in 1990/91

Abstract

Describes how the Business Expansion Scheme (BES) was extended to assure tenancy housing rental companies in 1988. Presents results of a study of the assured tenancy companies established in 1990/91. Suggests that strategic changes sustained the flow equity capital into the BES but increased the livelihood that the additions to the private rented housing stock would not last beyond the end of the BES period. Presents a summary of the results of research into the first two years, followed by the third year findings, where emphasis is placed on strategic changes. Concludes that the BES moved further away from the government′s original aim of boosting the long‐term supply of private rented housing.

Citation

Crook, T., Hughes, J. and Kemp, P. (1993), "Great expectations? The impact of the property slump on BES‐assured tenancies in 1990/91", Journal of Property Finance, Vol. 4 No. 1. https://doi.org/10.1108/09588689310037319