The formation of a new ‘powerhouse’ organisation to represent the commercial property sector including build-to-rent and co-living is under way, it has been announced.
Nest - the public body that runs workplace pension schemes - is investing £350 million in build-to-rent (BTR), meaning that some landlords’ pensions are effectively funding competitors.
Build-to-rent developer Quintain Living has had its knuckles rapped for wrongly suggesting tenants could make big energy bill savings, get free WiFi and work from home areas.
John Lewis has finally received the green light to begin its transformation into a build-to-rent landlord after Bromley Council approved its plans for 353 rental homes.
Exceptional growth in the build-to-rent (BTR) sector has pushed completions to a record high during the past 12 months.
Polling by build-to-rent (BTR) landlord UNCLE shows that 32% of those it polled who were between 18 and 24 years old said they ‘chose to rent’ rather than being compelled to by the housing market, while the figure was 31% for those between 25 and 34 years old.
Housebuilder Berkeley has announced its ambition to become a big player in the build-to-rent market amid sluggish demand from buyers.
