What is the Private Rented Sector?
The Private Rented Sector can be defined as “property owned by a landlord and leased to a tenant”. In this case, the landlord is a person, a company or an investor meaning the tenants would communicate and liaise directly with them or the estate agency looking after the property.
How can Hunters help
Hunters has a dedicated team that can help you with your Build To Rent and PRS needs. We work with developers and homebuilders to ensure their properties are accurately prices and the tenants are in the best hands to move into the properties when they are built.
With offices all over the UK, we have a wide reach across the UK when it comes to offering specialist advice on the private rented sector.
For buildings and developments, we can create a landing page that’s tailored to the amenities and services available to the tenants.
Our specialist Residential Block Management team play a key role in our strategy – read more about them here.
What are the benefits of Build to Rent?
The Build to Rent (BTR) model allows investors to generate income over time by renting residential property. Investment funds generally consider BTR as a complementary strategy to their core investment portfolios of commercial property. Over time, residential property is likely to increase as a proportion of real estate investment funds for pension and insurance companies.
BTR developments also benefit tenants and local areas, by doing the following:
- Increasing the supply of new homes;
- Providing a choice of housing types and sizes, for different tenant needs;
- Providing professional management, which is more reliable than an individual landlord;
- Promoting long-term investment and stewardship in the local areas;
- Supporting the delivery of regeneration programmes in local areas.
UK PRS 2018 Report
Find out more about the PRS report