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30,000 Build To Rent flats now have planning consent across UK

New figures from the British Property Federation show that there are now over 30,000 Build To Rent units with planning permission in the UK, a 47 per cent increase since October. 

The BPF says there has been a huge surge of interest in BTR since the turn of the year:

- Grainger plc pledging to invest £850m in the private rented sector by 2020;

- Legal & General working with Dutch pension fund PGGM to deliver a £600M build to rent investment plan;

- Greystar Europe Holdings, one of the USA’s biggest housing investors, announcing the acquisition of a 26.5 acre site in Greenford, West London, on which it will develop the UK’s largest purpose-built rented housing scheme;

- A £1 billion pledge from RBS in lending to the build to rent sector;

- LaSalle Investment Management making significant in-roads into their plans for at least £500m of build to rent investment.

The BPF has produced the list as part of its response to the government’s additional homes stamp duty surcharge consultation - it is opposed to any surcharge falling on institutional players who form the backbone of the growing Build To Rent sector.

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    Can anyone give some reasonably accurate numbers as to how many properties are in the private landlord sector at present and how many units are in the build to rent sector at present together with the number of units which will be added over say the next 3 years to the build to rent sector. I am afraid the percentages quoted above is a meaningless set of information without some numbers being put in.

    Who will be able to rise to this question? I would guess none would be about right. Come on surprise me here please. I will keep looking on this one.

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