Subscribe to our Construction Newsfeed
Uk Construction Directory
Search our 158,281 companies....

Construction News

27/09/2017

Built-To-Rent Sector Booming Across UK - BPF

Construction News Image
Nearly 96,000 Build-to-Rent homes are complete, under construction, or being planned across the UK.

New research by the British Property Federation (BPF) shows the sector is close to hitting the 100,000 homes milestone, with figures up 37.4% compared to the first quarter of 2017 (69,824).

In London, a total of 54,978 homes are complete, under construction and in planning. In addition, the size of of these developments continues to grow significantly, with 34 developments currently in the pipeline set to provide over 500 new rented homes each – compared to 24 developments in Q1.
-- Advertisement --
hss



The BPF said it's data demonstrates the sector's capacity to add to housing supply at speed during a time both central government and the Mayor of London Sadiq Khana are focused on fixing the UK's housing market.

Ian Fletcher, Director of Real Estate Policy, said: "Our data allows us to track Build-to-Rent's growth across the UK, and ensures we are as transparent as possible when communicating the sector's current and projected contribution to the country's housing supply. Correcting the supply-demand imbalance in the UK is fundamental to addressing the housing crisis, and we have demonstrated that Build-to-Rent has much to offer.

"We are pleased by the Mayor of London's continued support of the sector and his recognition of its capacity to deliver much-needed homes. We look forward to the government's formal response to the national Housing White Paper, which formally recognised Build-to-Rent in the National Planning Policy Framework. We need all housing tenures to be fully supported by the right policy framework if we are going to reverse the damage caused by years of undersupply."

(LM/MH)

Latest Construction News

29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham. The project, known as Upper Trinity Street, marks a significant step in the area’s transformation. Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End. The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes. The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand. Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London. The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks. As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF). The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years. A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits. The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager. The geo-environmental specialist, headquartered i
Lakeside HireThink Construction Skills Ltd.Stuart CanvasT & D Glazing And Installation LimitedBRICOFLOR UKEfco UK LtdAqua Direct LtdNationwide Louvre CompanyMetal Sheets LtdSteel Express