The Build-to-Rent market has faced unique challenges during the COVID-19 pandemic this year. During lockdown, the industry suddenly became responsible for the health and happiness of people living their entire lives out of one building. While some residents have returned to work, many remain working from home, and social distancing practices are … [Read more...]
Bringing Facilities Management In-house
The build to rent sector in the UK has grown greatly in popularity since its introduction. There are over 152,000 BTR properties in the UK to date (including those in the planning pipeline), and it’s predicted that the market will be worth approximately £544 billion once it reaches full maturity. These numbers are truly exciting for anyone who … [Read more...]
Build-to-Rent: How to Outbid Private Residential Developers for Land
The UK’s build-to-rent (BTR) sector is growing, with over 152,000 BTR properties in the UK to date (including those in the planning pipeline), but it still accounts for less than 1% of the homes in the UK. This is because the BTR sector is competing with the private residential development sector for the same land – these private … [Read more...]
To Furnish or not to Furnish? That is the Question.
Build to Rent (BTR) owners and developers must decide whether to furnish their units. Agents are telling owners to provide furniture in new BTR developments to speed up the lease process and collect more rent. Furnishing homes will actually hurt your property value! In this article, we'll draw on US operating experience as well as … [Read more...]
How to Boost UK Rental Market income without increasing rent?
As a residential property owner operating in the UK rental market, there are many ways that you can supplement your rental revenue with additional income. The US rental market has capitalised on these types of opportunities for years, creating specialised departments called ‘Ancillary Services’, but this is yet to take place here in the UK. What … [Read more...]