Pension giants ink £1bn build-to-rent deal September 23, 2024 “We can see there’s a critical shortage of housing supply, coupled with increasing demand for high-quality rental homes,” said Elizabeth Fernando, chief investment officer at the workplace pension fund said.
Rents rise at slowest rate in nearly three years – but average hits £1,200 August 21, 2024 A rise in properties on the market means rents for new lets have grown by their slowest rate in nearly three years this year, and are expected to fall below wage growth for this first time since 2021, an analysis has revealed. Rents for new lets grew by 5.7 per cent in the 12 months [...]
Is the real Airbnb hell about to begin? August 8, 2024 A site called airbnbhell.com, a rabbit hole of “uncensored” stories of host and guest experiences, reveals detailed anecdotes ranging from pet problems and parties, to discrimination and fraud. It is no longer an active site but the holiday home rental app had a hell of its own on Wednesday when shares plunged 16 per cent [...]
PRS: Strong growth at build-to-rent specialist July 18, 2024 PRS's 5,396 completed homes across the fourth quarter had an estimated rental value (ERV) of £65.1m, as of 30 June.
Build, Baby, Build: The rental market and the rise of the DFL (that’s down from London) June 19, 2024 A rental market that drains bank balances and instils constant dread of eviction is driving people away from London. The capital can’t survive unless it can sustain its young workers, says Morgan Jones I lived in London for the best part of a decade, and for most of that time assumed that I probably always [...]