Developers build thousands of build-to-rent apartments
The number of American-style landlord-free rental apartments being built in Britain has soared in the past year. Pension funds and developers are pouring money into a new sector viewed by some as a solution to the urban housing crisis.
According to the British Property Federation (BPF), the number of “build-to-rent” blocks currently under construction — which offer guaranteed tenancies of three years and no deposits or upfront fees — has surged by 40 per cent in a year …