Purpose-built Build to Rent housing is only a recent concept, with just over 51,000 dwellings completed across the UK as of Q3 2020. This equates to only around 1% of the total Private Residential Sector stock.

In Q1 2020, a large number of schemes completed, driving up the volume of operating units by 42% on Q1 2019, equating to an additional 13,000 homes. In Q2 2020, the impact of the first Covid-19 lockdown was sudden, with only three funding deals, worth £96m and with just 1,800 starts across a dozen sites.

 

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