About Build to Rent
Build to rent / Build to let offers a multitude of opportunities for landlords and investors. At Benfield ATT we provide low energy properties, promoting sustainable living for years to come.
Why be part of our Build2Rent scheme?
There have been many reports of shortages in housing and while the government have policies on first time buyers, the private rented sector (PRS) has been growing on average of 5.4% each year since 1999.
It is within the PRS that people are looking to meet the demand of the housing shortages in the UK. The PRS now accounts for 19.4% of households and the demographic has widened to be known as “Generation Rent”.
Statistics from Department for Communities and Local Government; Accelerating Housing Supply and Increasing Tenant Choice in the Private Rented Sector: A build to rent guide for Local Authorities.
Build to Rent or Build to Let, is the ideal scheme to meet the demand of the current housing shortage. Local Authorities are gaining support from the Government for more Build to Rent opportunities and while they are focusing on larger corporate investors, here at Benfield ATT we are looking to create long term relationships with landlords and investors.
Minimise the costs
When you Build to Rent you can minimise or avoid many of the costs that you would incur if you Buy to Let, such as;
- conversion, repair or upgrading costs
- potential legal title issues
- potential occupancy issues with mortgage lenders
- special planning and building regulation approvals
- new legislation requiring you to upgrade the energy performance of homes that you rent out
If you’re looking to build homes to rent, find out how Benfield ATT can help you. We have listed some of the benefits that you, as a landlord or investor, will gain from becoming part of the Benfield ATT Group family. Read them here.