Britain on verge of ‘rental revolution’
A new report to be published on Monday 3rd August suggests that Britain is on the verge of a rental revolution. The report by Addleshaw Goddard states that Build to Rent could bring in substantial additional finance for housing. The Build to Rent concept relates to institutional investment earmarked to build and manage homes for rent, and is borrowed from North America’s multifamily sector where listed companies own much of the housing stock. This could signal a shift towards a professionally run rental market, with developments owned by single companies rather than multiple speculators and buy-to-let investors.
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