Lettings business Settio has set up Settio Living, offering what it calls “something new to Build To Rent” with pledges of faster lease-up, higher occupancy rates and enhanced resident retention.

Currently, Settio is focused on the private rental sector and supports more than 2,500 individual landlord clients with UK residential investments.

However, it is now moving into BTR with work at Legal & General’s Slate Yard in Salford and Vita Group’s Union and Uhaus in Manchester.

A spokesperson says: “The BTR sector has accelerated at high speed over the past five years and, as with any new product or service, there’s a time to look back and identify what could be done better, more efficiently and more profitably.  Settio Living can deliver that fresh and innovative approach and produce better results for investors and communities. Since our launch we’ve delivered huge new-build lease-up projects, consistently provided market leading service and amassed wide reaching resident data.”

Settio – which in the past year has expanded its Mandarin-speaking desk to appeal to Far East investors – now has 42 staff at offices in Manchester, London and Singapore and plans to open in Birmingham in 2025.

It has £525m-plus of property under management and moved in 1,620 tenants last year.

Settio launched in Manchester in 2017, having relocated from London. 

It says it offers “total peace of mind” to traditional private rental sector clients by providing an all-inclusive package from off-plan investment support right through to future resale, supported by the latest property technology.