Build-to-rent (BTR) is an emerging trend in the residential property market that is expected to disrupt the traditional rental market.  The BTR trend is gaining momentum and growing as a sector, particularly in urban areas where there is a shortage of affordable housing.

What is Build-to-Rent?

Build-to-rent is a relatively new concept in the UK property market that has been gaining popularity in recent years. It involves the development of purpose-built rental properties that are managed by a professional landlord or property management company. The properties are designed with the needs of renters in mind, with features such as communal areas, on-site amenities, and flexible lease terms.

Unlike traditional rental properties, build-to-rent properties are managed by a single entity, which provides tenants with a consistent level of service and support. This is in contrast to traditional rental properties, which are often managed by individual landlords with varying levels of experience and expertise.

Why is Build-to-Rent Important and how does it disrupt the resi property market?

Build-to-rent is important and disruptive for several reasons. Firstly, it provides a solution to the current housing crisis by increasing the supply of affordable rental properties. In many urban areas, there is a shortage of affordable rental properties, which has led to high rents and a lack of choice for tenants. Build-to-rent can help to address this issue by providing greater volumes of purpose-built rental properties that are designed to meet the needs of tenants.

Secondly, build-to-rent can help to professionalise the rental market. Traditional rental properties are often managed by individual landlords, who may have varying levels of experience and expertise. This can lead to inconsistencies in the level of service and support provided to tenants. By contrast, build-to-rent properties are managed by professional landlords or property management companies, which provide a consistent level of service and support to tenants. Further, individual and smaller landlords are increasingly selling up, as managing a small number of units is no longer economically viable.

Finally, build-to-rent can help to promote long-term renting. Traditionally, renting has been seen as a short-term solution, with many people aspiring to own their own homes. However, with the rising cost of homeownership, more people are choosing to rent long-term. Build-to-rent properties are designed to meet the needs of long-term renters, with features such as flexible lease terms, on-site amenities, and communal areas. BTR addresses supply side problems in the market, providing greater choice for the end user which also positively boosting social mobility and social cohesion.

Conclusion

Build-to-rent is an emerging trend in the residential property market that is expected to disrupt the traditional rental market. It provides a solution to the current housing crisis