Regions overtake London for BTR homes for first time

There are now more build-to-rent homes in the UK regions than in London, according to the British Property Federation.

A new report, commissioned by the BPF and produced by Savills, showed that there were 62,021 BTR homes either completed, under construction or being planned outside the capital, compared to 62,016 in London. The total number of BTR homes nationwide has also increased to 124,037 completed, under construction or being planned nationwide compared to 117,893 at the end of Q1 and 98,723 at the same point last year.

The BPF said the research showed that investors and developers were making progress in finding sites large enough to develop buildings of a large scale.

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Source: Property Week

2018-07-09T11:09:50+00:009th July, 2018|