Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
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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