The number of build-to-rent properties under construction and at the planning stage has risen from 54,500 to 79,000 since the beginning of the year to 34 now, while the number of developments in the pipeline has increased from 24 at the spring, according to research undertaken on behalf of the British Property Federation. It also revealed that Manchester, Birmingham, Leeds and Liverpool have a bigger pipeline than London, with 12,316 build-to-rent homes under construction in the regional cities, compared with 11,696 in the capital.
The number of build-to-rent properties under construction and at the planning stage has risen from 54,500 to 79,000 since the spring, while the number of developments in the pipeline has increased from 24 at the beginning of the year to 34 now, according to research undertaken on behalf of the British Property Federation. It also revealed that Manchester, Birmingham, Leeds and Liverpool have a bigger pipeline than London, with 12,316 build-to-rent homes under construction in the regional cities, compared with 11,696 in the capital.