The number of completed build-to-rent home starts in London declined in 2023, while the rest of the UK observed the opposite trend. In London, there were 35 starts in the third quarter of the year compared to 3,339 in the rest of the country. Build-to-rent refers to homes that are built specifically for renting rather than for sale. They differentiate from traditional rent homes with their focus on the provision of as services, i.e. professional on-site management, shared spaces, work zones, fitness centers. In the past four years, the build to rent sector has fluctuated, with a drastic decline in 2022 .
Number of build to rent homes starts and completions in London and the rest of the United Kingdom (UK) from 1st quarter 2018 to 3rd quarter 2023, by status
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British Property Federation. (November 9, 2023). Number of build to rent homes starts and completions in London and the rest of the United Kingdom (UK) from 1st quarter 2018 to 3rd quarter 2023, by status [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/827041/number-of-build-to-rent-homes-london-and-uk-by-status/
British Property Federation. "Number of build to rent homes starts and completions in London and the rest of the United Kingdom (UK) from 1st quarter 2018 to 3rd quarter 2023, by status." Chart. November 9, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/827041/number-of-build-to-rent-homes-london-and-uk-by-status/
British Property Federation. (2023). Number of build to rent homes starts and completions in London and the rest of the United Kingdom (UK) from 1st quarter 2018 to 3rd quarter 2023, by status. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/827041/number-of-build-to-rent-homes-london-and-uk-by-status/
British Property Federation. "Number of Build to Rent Homes Starts and Completions in London and The Rest of The United Kingdom (Uk) from 1st Quarter 2018 to 3rd Quarter 2023, by Status." Statista, Statista Inc., 9 Nov 2023, https://www.statista.com/statistics/827041/number-of-build-to-rent-homes-london-and-uk-by-status/
British Property Federation, Number of build to rent homes starts and completions in London and the rest of the United Kingdom (UK) from 1st quarter 2018 to 3rd quarter 2023, by status Statista, https://www.statista.com/statistics/827041/number-of-build-to-rent-homes-london-and-uk-by-status/ (last visited November 03, 2024)
Number of build to rent homes starts and completions in London and the rest of the United Kingdom (UK) from 1st quarter 2018 to 3rd quarter 2023, by status [Graph], British Property Federation, November 9, 2023. [Online]. Available: https://www.statista.com/statistics/827041/number-of-build-to-rent-homes-london-and-uk-by-status/