Build to rent features 'address top problems faced by renters'

Quintain, Wembley

Lack of upfront fees is one of the tenure’s attractions, HomeOwners Alliance survey finds

Build-to-rent developments are proving attractive for many people unable to buy their own homes thanks to longer tenancy options and an absence of up-front fees, according to a major new survey.

Research by YouGov for consumer group the HomeOwners Alliance found that nearly half of the 2,195 people surveyed (48%) were attracted to the idea of build-to-rent schemes thanks to the lack of up-front fees for references and inventory, while 40% liked the idea of renting directly from a “responsible company of housing provider” as opposed to a private landlord or agent.

A third (34%) said that not having to put down a rent deposit was also a positive factor. 

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