Friday 29 September 2017

Build-To-Rent Fuels 100,000 Homes Construction Boom

There are now nearly 96,000 build-to-rent homes complete, under construction and in planning, a near 40% jump on the figures for first quarter of this year. According to research by Savills for the British Property Federation, London leads the expansion with Manchester, Leeds, Liverpool and Birmingham catching up fast. Taken together the regional cities also now account for a larger pipeline than the Capital, where private rental schemes first took off. Contractors are also directly joining in the race to supply private rented housing with 19% of planned rooms directly developed by building firms. Read more on Construction Enquirer.

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