Construction falls 20% in Build to Rent sector

Work has contracted sharply in the Build to Rent (BtR) sector with the number of homes under construction down 20% year-on-year.
Latest analysis by Savills reveals the slow-down despite numbers from the British Property Federation (BPF) showing that the total number of purpose-built rental homes has reached more than 120,000 – a 23% increase over the past 12 months.
A drop in construction has been an ongoing trend in 2024, with the number of completions consistently outpacing the number of