Build to rent - Revision history

Designing Buildings at 17:20, 12 December 2024

2024-12-12T17:20:27Z

← Older revision		Revision as of 17:20, 12 December 2024
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	The National Planning Policy Framework (NPPF) defines build to rent as: "Purpose built housing that is typically 100% rented out. It can form part of a wider multi-tenure development comprising either flats or houses, but should be on the same site and/or contiguous with the main development. Schemes will usually offer longer tenancy agreements of three years or more, and will typically be professionally managed stock in single ownership and management control."		The National Planning Policy Framework (NPPF) defines build to rent as: "Purpose built housing that is typically 100% rented out. It can form part of a wider multi-tenure development comprising either flats or houses, but should be on the same site and/or contiguous with the main development. Schemes will usually offer longer tenancy agreements of three years or more, and will typically be professionally managed stock in single ownership and management control."
−
−	The National Planning Policy Framework was revised in response to the Levelling-up and Regeneration Bill: reforms to national planning policy consultation on 19 December 2023 and sets out the government’s planning policies for England and how these are expected to be applied. This revised Framework replaces the previous National Planning Policy Framework published in 2012, 2018, 2019, 2021 finally updated in September 2023, for further details follow this link [https://www.gov.uk/government/publications/national-planning-policy-framework--2 National] [https://www.gov.uk/government/publications/national-planning-policy-framework--2 Planning Policy Framework updated 2023].

	In January 2024 Savills published a summary report entitled The Future of Build to Rent Houses. An industry-funded piece of research that considered the future role of the single family housing market in meeting current and future rental demand and Government’s homebuilding targets. See [https://www.savills.co.uk/research_articles/229130/355540-0 The Future of Build to Rent Houses - summary report.]		In January 2024 Savills published a summary report entitled The Future of Build to Rent Houses. An industry-funded piece of research that considered the future role of the single family housing market in meeting current and future rental demand and Government’s homebuilding targets. See [https://www.savills.co.uk/research_articles/229130/355540-0 The Future of Build to Rent Houses - summary report.]

Editor at 12:28, 22 February 2024

2024-02-22T12:28:23Z

← Older revision		Revision as of 12:28, 22 February 2024
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	Build to rent involves the construction of dwellings specifically for the rental market, rather than the more traditional route in the UK in which developers build dwellings which they then sell, either to householders or to landlords. Build to rent creates a longer-term business model in which income is generated over time from renting dwellings, rather than a one-off sale the profitability of which will depend on short-term market fluctuations.		Build to rent involves the construction of dwellings specifically for the rental market, rather than the more traditional route in the UK in which developers build dwellings which they then sell, either to householders or to landlords. Build to rent creates a longer-term business model in which income is generated over time from renting dwellings, rather than a one-off sale the profitability of which will depend on short-term market fluctuations.

−	~~On 24~~ April 2015, an open letter to the next government was published by Better Renting for Britain, a campaign supported by the British Property Federation (BPF).	+	The National Planning Policy Framework (NPPF) defines build to rent as: "Purpose built housing that is typically 100% rented out. It can form part of a wider multi-tenure development comprising either flats or houses, but should be on the same site and/or contiguous with the main development. Schemes will usually offer longer tenancy agreements of three years or more, and will typically be professionally managed stock in single ownership and management control."
		+
		+	The National Planning Policy Framework was revised in response to the Levelling-up and Regeneration Bill: reforms to national planning policy consultation on 19 December 2023 and sets out the government’s planning policies for England and how these are expected to be applied. This revised Framework replaces the previous National Planning Policy Framework published in 2012, 2018, 2019, 2021 finally updated in September 2023, for further details follow this link [https://www.gov.uk/government/publications/national-planning-policy-framework--2 National] [https://www.gov.uk/government/publications/national-planning-policy-framework--2 Planning Policy Framework updated 2023].
		+
		+	In January 2024 Savills published a summary report entitled The Future of Build to Rent Houses. An industry-funded piece of research that considered the future role of the single family housing market in meeting current and future rental demand and Government’s homebuilding targets. See [https://www.savills.co.uk/research_articles/229130/355540-0 The Future of Build to Rent Houses - summary report.]
		+
		+	= Background to the term =
		+
		+	In January 2019, the British Property Federation (BPF) reported that the number of build-to-rent homes under construction in the UK had increased by 39% in the year between Q4 2017 and Q4 2018. This equates to 43,374 build-to-rent homes compared to 31,250 at the end of 2017. Ref [https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing]
		+
		+	In September 2018 the UK government published [https://www.gov.uk/guidance/build-to-rent Build to rent - Guidance on build to rent], with reference to affordable housing and Scheme management.
		+
		+	In September 2016, RICS reported that 86% of landlords had no plans to increase their rental portfolio and called on the government to do more to encourage, rather than dampen, investment in build to rent. For more information see: 86% of landlords have no plans to increase their rental portfolio.
		+
		+	In March 2016 The Urban Land Institute (ULI UK) launched the second edition of, [http://uk.uli.org/news/successful-launch-uli-uk-build-rent-best-practice-guide-edition-2/ Build to Rent: A Best Practice Guide]. The first edition, launched in April 2014, set out the differentiating factors in the design, development and management of purpose-built residential accommodation. The new edition has updated sections on form and layout, sustainability, engineering and construction and fit-out specification as well as new chapters on the customer, cost and procurement and planning and viability.
		+
		+	In April 2015, an open letter to the next government was published by Better Renting for Britain, a campaign supported by the British Property Federation (BPF).

	The campaign, by developers, pension funds and housing associations is intended to promote the delivery of housing for long-term rent, and proposes that the sector will work to deliver £30bn of new housing. This, they suggest is enough to build more than 150,000 homes, housing around 350,000 people. The £30bn figure was based on a survey conducted by property agents Savills of 33 institutions, property companies and Registered Social Landlords (RSL’s) to understand their ambitions in terms of investment into the UK rental market.		The campaign, by developers, pension funds and housing associations is intended to promote the delivery of housing for long-term rent, and proposes that the sector will work to deliver £30bn of new housing. This, they suggest is enough to build more than 150,000 homes, housing around 350,000 people. The £30bn figure was based on a survey conducted by property agents Savills of 33 institutions, property companies and Registered Social Landlords (RSL’s) to understand their ambitions in terms of investment into the UK rental market.
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	Andrew Brentnall, Head of Funding & Development, Residential Capital Markets, at Savills, said, “Build to Rent could offer a large quantum of capital for additional homes across the UK which will further help to service the needs of an increasing number of renters in the locations that we need it most. Private renting has increased by 79% since 2003 and institutional investment is vital for its continued growth. If the considerable demand from new tenants is not met by new stock, rents will rise due to lack of supply. It is therefore very important to attract, and retain, new investment into the sector. Our forecast is that rental demand will rise by a further 1.2 million households by the end of 2019”.		Andrew Brentnall, Head of Funding & Development, Residential Capital Markets, at Savills, said, “Build to Rent could offer a large quantum of capital for additional homes across the UK which will further help to service the needs of an increasing number of renters in the locations that we need it most. Private renting has increased by 79% since 2003 and institutional investment is vital for its continued growth. If the considerable demand from new tenants is not met by new stock, rents will rise due to lack of supply. It is therefore very important to attract, and retain, new investment into the sector. Our forecast is that rental demand will rise by a further 1.2 million households by the end of 2019”.
−
−	In March 2016 The Urban Land Institute (ULI UK) launched the second edition of, [http://uk.uli.org/news/successful-launch-uli-uk-build-rent-best-practice-guide-edition-2/ Build to Rent: A Best Practice Guide]. The first edition, launched in April 2014, set out the differentiating factors in the design, development and management of purpose-built residential accommodation. The new edition has updated sections on form and layout, sustainability, engineering and construction and fit-out specification as well as new chapters on the customer, cost and procurement and planning and viability.
−
−	In September 2016, RICS reported that 86% of landlords had no plans to increase their rental portfolio and called on the government to do more to encourage, rather than dampen, investment in build to rent. For more information see: 86% of landlords have no plans to increase their rental portfolio.
−
−	In January 2019, the British Property Federation (BPF) reported that the number of build-to-rent homes under construction in the UK had increased by 39% in the year between Q4 2017 and Q4 2018. This equates to 43,374 build-to-rent homes compared to 31,250 at the end of 2017. Ref [https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing]
−
−	NB The National Planning Policy Framework (NPPF), published by the Ministry of Housing, Communities and Local Government in 2021, defines Build to Rent as: ‘Purpose built housing that is typically 100% rented out. It can form part of a wider multi-tenure development comprising either flats or houses, but should be on the same site and/or contiguous with the main development. Schemes will usually offer longer tenancy agreements of three years or more, and will typically be professionally managed stock in single ownership and management control.’

	= Related articles on Designing Buildings =		= Related articles on Designing Buildings =
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	* Social rented housing.		* Social rented housing.
	* Types of development.		* Types of development.
−
−	~~= External references =~~
−
−	* [http://www.bpf.org.uk/media/press-releases/new-campaign-offers-%C2%A330bn-next-government-new-homes-bid-create-rental BPF, New campaign offers up to £30bn to next government for new homes in a bid to create a rental revolution, 1 May 2015].

	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Publications_/_reports]]		[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Publications_/_reports]]

Designing Buildings at 07:49, 11 August 2022

2022-08-11T07:49:53Z

← Older revision		Revision as of 07:49, 11 August 2022
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	In January 2019, the British Property Federation (BPF) reported that the number of build-to-rent homes under construction in the UK had increased by 39% in the year between Q4 2017 and Q4 2018. This equates to 43,374 build-to-rent homes compared to 31,250 at the end of 2017. Ref [https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing]		In January 2019, the British Property Federation (BPF) reported that the number of build-to-rent homes under construction in the UK had increased by 39% in the year between Q4 2017 and Q4 2018. This equates to 43,374 build-to-rent homes compared to 31,250 at the end of 2017. Ref [https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing]

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	NB The National Planning Policy Framework (NPPF), published by the Ministry of Housing, Communities and Local Government in 2021, defines Build to Rent as: ‘Purpose built housing that is typically 100% rented out. It can form part of a wider multi-tenure development comprising either flats or houses, but should be on the same site and/or contiguous with the main development. Schemes will usually offer longer tenancy agreements of three years or more, and will typically be professionally managed stock in single ownership and management control.’
		+
		+	= Related articles on Designing Buildings =

	* Affordable housing.		* Affordable housing.

Designing Buildings at 07:54, 7 November 2020

2020-11-07T07:54:22Z

← Older revision		Revision as of 07:54, 7 November 2020
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	* [http://www.bpf.org.uk/media/press-releases/new-campaign-offers-%C2%A330bn-next-government-new-homes-bid-create-rental BPF, New campaign offers up to £30bn to next government for new homes in a bid to create a rental revolution, 1 May 2015].		* [http://www.bpf.org.uk/media/press-releases/new-campaign-offers-%C2%A330bn-next-government-new-homes-bid-create-rental BPF, New campaign offers up to £30bn to next government for new homes in a bid to create a rental revolution, 1 May 2015].

−	[[Category:Publications_/_reports]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Publications_/_reports]]

Designing Buildings at 09:32, 4 August 2020

2020-08-04T09:32:57Z

← Older revision		Revision as of 09:32, 4 August 2020
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	* Section 106 agreements.		* Section 106 agreements.
	* Social rented housing.		* Social rented housing.
		+	* Types of development.

−	=== External references ===	+	= External references =

	* [http://www.bpf.org.uk/media/press-releases/new-campaign-offers-%C2%A330bn-next-government-new-homes-bid-create-rental BPF, New campaign offers up to £30bn to next government for new homes in a bid to create a rental revolution, 1 May 2015].		* [http://www.bpf.org.uk/media/press-releases/new-campaign-offers-%C2%A330bn-next-government-new-homes-bid-create-rental BPF, New campaign offers up to £30bn to next government for new homes in a bid to create a rental revolution, 1 May 2015].

	[[Category:Publications_/_reports]]		[[Category:Publications_/_reports]]

Designing Buildings at 11:17, 31 January 2019

2019-01-31T11:17:42Z

← Older revision		Revision as of 11:17, 31 January 2019
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	In September 2016, RICS reported that 86% of landlords had no plans to increase their rental portfolio and called on the government to do more to encourage, rather than dampen, investment in build to rent. For more information see: 86% of landlords have no plans to increase their rental portfolio.		In September 2016, RICS reported that 86% of landlords had no plans to increase their rental portfolio and called on the government to do more to encourage, rather than dampen, investment in build to rent. For more information see: 86% of landlords have no plans to increase their rental portfolio.
		+
		+	In January 2019, the British Property Federation (BPF) reported that the number of build-to-rent homes under construction in the UK had increased by 39% in the year between Q4 2017 and Q4 2018. This equates to 43,374 build-to-rent homes compared to 31,250 at the end of 2017. Ref [https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing https://www.bpf.org.uk/media-listing/press-releases/building-boom-uk-build-rent-housing]

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 07:06, 30 January 2019

2019-01-30T07:06:42Z

← Older revision		Revision as of 07:06, 30 January 2019
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	* Affordable housing.		* Affordable housing.
	* Affordable rented housing.		* Affordable rented housing.
−	* Build to rent.
	* Build to rent best practice guide.		* Build to rent best practice guide.
	* Help to buy.		* Help to buy.

Designing Buildings at 14:29, 25 January 2019

2019-01-25T14:29:53Z

← Older revision		Revision as of 14:29, 25 January 2019
Line 27:		Line 27:
	In September 2016, RICS reported that 86% of landlords had no plans to increase their rental portfolio and called on the government to do more to encourage, rather than dampen, investment in build to rent. For more information see: 86% of landlords have no plans to increase their rental portfolio.		In September 2016, RICS reported that 86% of landlords had no plans to increase their rental portfolio and called on the government to do more to encourage, rather than dampen, investment in build to rent. For more information see: 86% of landlords have no plans to increase their rental portfolio.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Affordable housing.		* Affordable housing.
	* Affordable rented housing.		* Affordable rented housing.
		+	* Build to rent.
	* Build to rent best practice guide.		* Build to rent best practice guide.
	* Help to buy.		* Help to buy.

Designing Buildings at 11:46, 2 February 2018

2018-02-02T11:46:13Z

← Older revision		Revision as of 11:46, 2 February 2018
Line 1:		Line 1:
	Build to rent involves the construction of dwellings specifically for the rental market, rather than the more traditional route in the UK in which developers build dwellings which they then sell, either to householders or to landlords. Build to rent creates a longer-term business model in which income is generated over time from renting dwellings, rather than a one-off sale the profitability of which will depend on short-term market fluctuations.		Build to rent involves the construction of dwellings specifically for the rental market, rather than the more traditional route in the UK in which developers build dwellings which they then sell, either to householders or to landlords. Build to rent creates a longer-term business model in which income is generated over time from renting dwellings, rather than a one-off sale the profitability of which will depend on short-term market fluctuations.

−	On 24 April 2015, an ~~[http://www.propertyweek.com/Journals/2015/04/30/u/h/g/Better-Renting-for-Britain.pdf~~ open letter to the next government] was published by Better Renting for Britain, a campaign supported by the British Property Federation (BPF).	+	On 24 April 2015, an open letter to the next government was published by Better Renting for Britain, a campaign supported by the British Property Federation (BPF).

	The campaign, by developers, pension funds and housing associations is intended to promote the delivery of housing for long-term rent, and proposes that the sector will work to deliver £30bn of new housing. This, they suggest is enough to build more than 150,000 homes, housing around 350,000 people. The £30bn figure was based on a survey conducted by property agents Savills of 33 institutions, property companies and Registered Social Landlords (RSL’s) to understand their ambitions in terms of investment into the UK rental market.		The campaign, by developers, pension funds and housing associations is intended to promote the delivery of housing for long-term rent, and proposes that the sector will work to deliver £30bn of new housing. This, they suggest is enough to build more than 150,000 homes, housing around 350,000 people. The £30bn figure was based on a survey conducted by property agents Savills of 33 institutions, property companies and Registered Social Landlords (RSL’s) to understand their ambitions in terms of investment into the UK rental market.

Editor at 16:29, 15 December 2016

2016-12-15T16:29:59Z

← Older revision		Revision as of 16:29, 15 December 2016
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	* Housing associations.		* Housing associations.
	* Intermediate housing.		* Intermediate housing.
−	* [~~https://www.designingbuildings.co.uk/w/~~Interview_with_Melanie_Leech Interview with Melanie Leech, BPF.]	+	* [[Interview_with_Melanie_Leech\|Interview with Melanie Leech, BPF.]]
	* Real Estate Investment Trusts.		* Real Estate Investment Trusts.
	* Rent to buy.		* Rent to buy.