With almost half of Londoners living in rented accommodation, business group London First has joined forces with London Councils and Turley to launch a new guide explaining the ins and outs of the build to rent sector.
The report - Everything you need to know about build to rent in London - provides an in-depth guide from investment models to who lives there, an analysis of numbers in the pipeline, and borough-by-borough examination of council planning policies covering build to rent.
Among the case studies featured is Transport for London’s investment partnership, through to Quintain’s £3bn transformation of Wembley Park, which will deliver 3,000 build to rent homes.
London First executive director of housing, Jonathan Seager, says: “Build to rent has a vital role to play in London, helping to increase supply while professionalising the rental sector. Councils are critical in making build to rent a success across the capital, both in getting planning policy right but also investing in it directly as a future revenue stream.
“There is no single, simple solution to London’s housing crisis; alongside more land being made available and more investment coming forward, better and more innovative ways of building, such as build to rent, are critical if we are to provide the homes people need.”