Published: 24th May 2019

The built-to-rent sector has a negative reputation for many millennials and young people who want to get on the housing ladder, but the UK should embrace it if we are to meet the needs of a changing population, argues Alex Smith, head of construction at the law firm, Shakespeare Martineau. Alternative living accommodation is on the rise and is transforming the UK’s towns and cities. Fuelled by the changing needs of an ageing – and more transient – population, developers and local authorities are re-thinking the types of accommodation they provide. This alternative to the traditional model of owner-occupier has its fans and critics, so what is this property revolution and how is it changing the way residential accommodation is thought of? The newest player in the residential accommodation market is ’build to rent’. This model, where residents rent a property from a landlord has become commonplace in many locations … (To read the full article, subscribe below)