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 Sector Sees 79% Drop in New Starts
New figures from Savills show that Build To Rent starts have plummeted by 79%. Landlord Today reports that this significant decline has raised concerns within the sector.
The report highlights the scale of the downturn but does not provide further details on causes or implications. Letting agents and inventory clerks may wish to monitor this trend for potential impacts on rental supply and market activity.
Source: Landlord Today