020 7538 0102
|
The build-to-rent sector accounts for about one in five newly completed properties with nearly 83,000 more homes in the capital's BTR pipeline, according to the British Property Federation. Developers in this emerging sector often promise a "new standard" for rental, with benefits including no deposits, long-term tenancies and predictable rents away from the stereotype of the dodgy private landlord. However, there is some scepticism as to whether the sector can be the answer to London’s housing woes. London Tenants Federation, a social housing tenants organisation, says: "Our main concern is whether Build to Rent helps to meet identified housing need in London. A huge problem highlighted by COVID-19 was the high levels of overcrowding in both the social and private rented sectors. BTR is principally for young, single professionals, so doesn't help in addressing this problem". |