It was not so long ago that the Build To Rent (BTR) market was practically non-existent in the UK. In fact many people, even within our sector, still are not fully aware of the rental revolution quietly spreading across our cities. Admittedly the UK was a late arrival to BTR, but as we witness an unprecedented surge in demand for rental properties it is time for the industry to take notice of these new entrants that are setting the standard for long-term rental residences.
In London, which has seen landmark developments in places like Tottenham, Croydon, Wembley and Stratford, renters have voted with their feet and rushed to rent one of these 30,000 homes. Whilst it is a sector still in its infancy, less than 1% of rental property in the UK is BTR, it has huge potential and is expected to more than double in size by 2025, with further growth through to 2030 and beyond.
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