Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Latest data from BPF and Savills show London starts down 80% in 2023 so far
Both construction starts and completions for new build-to-rent homes have dropped sharply in the last year according to the latest figures from the British Property Federation and Savills.
The numbers show that UK starts of build-to-rent properties in the year to June have dropped by almost exactly a third, to 14,253, compared to 21,367 in the year to June 2022. Completions in the same period fell by more than a quarter – 26% - to 9,841 homes, from 13,312 the year before.
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