As the name suggests, Build to Rent (BTR) properties are large developments of flats, built specifically for renting out. Unlike private rented sector buy-to-let (BTL) properties, they tend to be owned and managed by companies rather than independent landlords.
What is the build to rent scheme?
Build to Rent (BTR) refers to purpose-built housing designed for rent rather than sale. Schemes usually offer longer tenancy agreements and are often professionally managed by the owner or operator.
Who lives in build rent BTR?
Residents in Build-to-Rent are professionally diverse and employed in many different industries, with a similar percentage of public sector employees as the private rented sector.
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