The 21st century product: The new tenant demands that only build-to-rent can meet

Rented living is now a conscious life choice for millions of Britons – and build-to-rent is the one product most closely aligned with this ideal:

• Tenants want easy access to property managers, with maintenance issues resolved quickly. Build-to-rent in-house management teams are based on-site and deliver professional levels of service.
• Tenants want lifestyle amenities close by, and they want properties designed to the finest specification. Build-to-rent homes incorporate modern 21^st century design, while developments come with their own gyms and private and communal living spaces.
• Tenants want to live in dense urban locations, surrounded by people of similar demographics and who share the same interests. Build-to-rent developments are communities of tenants with shared values, located in the heart of key cities, close to work and social hubs.

“If large-scale rental developments take off, they will partly replace the traditional UK tenancy experience — one of amateur landlords, converted Victorian flats and rising damp — with a more corporate one, offering professional management and services such as gyms, storage and WiFi.” Judith Evans, Financial Times. December 2015.