Britain’s build-to-rent explosion

Britain’s build-to-rent explosion

New research suggests that the UK is on the brink of a build-to-rent explosion: large-scale and commercially developed, owned and operated.

The report Housing Futures: Urban Renters was created by Strutt & Parker, Stanhope and Network Homes and takes a closer look at the in Britain emerging build-to-rent sector as similar developments are happening in other countries like Hong Kong, Germany, Japan, Sweden and the US.

Brexit, Letting Agent Fees, Tax and the Autumn Statement – Everything you need to know

For the research, the team analysed the profile of tenant demand and the main tenant groups that operate within the rental market.

“We’re not talking about Generation Rent – we’re now talking about Every Generation Rent. The UK private rental market is going through a period of sustained growth, doubling in size to 5.4 million from 2001 to 2014, a trend which only looks set to continue” according to Stephanie McMahon, head of research at Strutt & Parker.

“Some 48 per cent of those who responded to our Urban Renters survey had been renting the same property for at least the last two years, with 24 per cent of tenants anticipating renting as a family in the future” she says.

UK’s mortgage costs hit record low

McMahon explained that an expanding group of renters is making the active decision to live in rental accommodation over owning their own home.

“While the aspiration to own is still a key motivation for the majority of households, a preference for renting is starting to surface, with nine per cent of respondents in Greater London preferring to rent [over owning]. We seem to be on the brink of becoming a rental nation.”

Over the last decade, the private rented sector has grown by 82%, making it past the social rented sector in 2012/13 to become the second largest tenure.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

STAY AHEAD OF THE MARKET

Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment

FIRST FOR NEWS AND KNOWLEDGE.

Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:

 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

 

+852 6699 9008

Open from 9am-6pm HKT