BTR sector in the UK continues to grow
Build-to-rent boom has continued to drive significant new housing supply across the UK, according to latest data published by the British Property Federation (BPF).
There were 157,512 build-to-rent homes – new, high-quality and professionally-managed homes built for renters – complete, under construction or in planning across the UK by March-end 2020. This is a 12 per cent annual jump against the same period last year.
The findings revealed that between the first quarter of 2019 and the first three months of 2020, the number of completed build-to-rent (BTR) homes rose by 42 per cent, the number under construction decreased by 11 per cent and the number in planning jumped by 12 per cent …