Private Landlord Licensing – A growing trend

More boroughs than ever are using landlord licensing powers to improve their private rented sector (PRS). Introduced in 2006 to tackle anti-social behaviour, licensing schemes are mechanisms for identifying hazardous properties and improving management standards. Their revenue-generating powers enable councils to take swift enforcement action … [Read more...]

Making the Most of Build to Rent: Executive Summary

‘Build to Rent’ housing designed and managed specifically for private renters is on the rise in London – there were four times as many private rented sector (PRS) schemes in development at the end of 2016 than in the previous seven years.[ref]Molior (2016) Q3 PRS Research (membership required to access)[/ref] In January 2017, Future of London … [Read more...]

Roundtable: Engaging private tenant communities

  Engaging private tenant communities – a new remit for the public sector? With local authorities having more powers than ever to improve their private rented sectors, it is in their interests to improve dialogue with private tenants. But it isn’t always easy – they are a disparate group, and there isn’t a one-size-fits-all solution. The … [Read more...]

Making the Most of Build to Rent in London – report launch

London is more reliant than ever on its private rented sector (PRS), including over 250,000 households with children.[i] Both public and private sectors are recognising the potential of new-build PRS development – often dubbed ‘Build to Rent’ – as an alternative to the existing PRS and its challenges. This sub-sector of the PRS is undoubtedly … [Read more...]

London boroughs vital for Build to Rent

‘Build to Rent’ housing designed and managed specifically for private renters is on the rise in London – there were four times as many private rented sector (PRS) schemes in development at the end of 2016 than in the previous seven years.[1] The new wave of institutionally-funded products focus on functional design, bespoke management, community … [Read more...]

Making the Most of Build to Rent – Report Launch

As part of our three-year research programme, Engaging London’s Private Rented Sector, Future of London has spent the last six months reviewing the Build to Rent landscape in London and investigating the roles that local authorities and housing associations are playing in its evolution. Informed by site visits and senior roundtables, the final … [Read more...]

Build to Rent: Design & Liveability

There are currently 33,411 Build to Rent units completed, under construction, or with planning permission in London (BPF 2016). Development activity is boosted by overseas providers such as the US ‘multi-family’ giant Greystar, who just submitted an application to develop 1,439 purpose-built homes for private rent on the former GlaxoSmithKline … [Read more...]

Making the Most of Build to Rent: Vantage Point visit

Speaking at the RESI conference last month, Theresa May’s new housing minister Gavin Barwell indicated a policy shift away from owner-occupation and Cameron’s “starter homes” initiative, and towards an increased focus on the private rented sector (PRS) to get more homes built. Essential Living is a UK company developing, designing and operating … [Read more...]

Making the Most of Build to Rent: LB Barking & Dagenham

Growing interest in London’s Private Rented Sector (PRS) from pension funds and other institutional investors is enabling the delivery of high-quality, purpose-built market-rented homes managed by single operators. A recent survey of institutional investors by Knight Frank indicated that by 2020, they would commit a total of £50bn to Build to Rent … [Read more...]

The role of Build to Rent in London’s Housing Mix

Build to Rent – purpose-built development for the rental market – is picking up speed and attracting investment in London. While it has the potential to provide a much-needed boost to supply, local authorities and their housing association partners need to ensure that new housing developments meet local need. On 27 July, Future of London brought … [Read more...]