Despite concerns over Britain’s exit from the EU, build-to-rent homes are not going to get a hit. A recent research conducted by the British Property Federation- BPF shows that the number of build-to-rent homes that have been completed or are in progress or planning stage has seen a leap by a fifth over the past year. The completed build-to-rent homes rose to 31% as compared to last year and 23% more were in the planning stage this year. As per the BPF, a total number of 148,046 homes were either built, being built or going through the planning process as compared to 123,537 a year ago. As expected London accounted for more than 51% of the total number while other regions took up the rest. As per the report, even the average size of build-to-rent developments is also growing which indicates the confidence that investors have in this sector. According to Ian Fletcher, the BPF Director of Real Estate policy, there is a growth of 31% in completion between Q3 2018 and Q3 2019, and even the pipeline of the new projects also looks promising.
Home Business & Industry Infrastructure Build-to-rent homes are on the rise in the UK
UK and US Architects Work Towards Bettering Construction
The Architects Registration Board (ARB) has inked an agreement that will make it easier for American architects to work in the UK and for...