Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Share of total completions rises in pandemic-hit year, with surge in suburban rental schemes
The number of build to rent homes completed in the UK last year fell by nearly a fifth as the pandemic caused work on sites to stop temporarily, according to the latest figures from the British Property Federation.
However, the sector still produced 10,152 homes – the second year in a row it has produced more than 10,000 homes – which equates to a bigger share of completions than in 2019. The drop of 18% drop in build to rent completions was smaller than the 23% drop reported by the NHBC for housebuilding overall.
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