Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Build To Rent Completions Fall, Adding Pressure to Rental Supply
Build To Rent completions have dropped again, which Landlord Today reports spells bad news for rental supply. The sector is hitting multiple problems and is complaining about them, according to the report.
For letting agents and inventory clerks, the fall points to further pressure on the availability of rental homes, at a time when supply is already a central concern across the UK lettings market. Landlord Today frames it as a setback for the pipeline of new Build To Rent stock that would otherwise feed into the private rented sector.
The source does not set out the size of the decline, the specific problems the sector is facing, or who is complaining. Read Landlord Today's full article for those details.
Source: Landlord Today