NRLA partners with Bidwells to launch build-to-rent service
NRLA Living was designed to provide market information to help users plan and manage property portfolios.
The National Residential Landlords Association (NRLA) has partnered with real estate adviser Bidwells to launch NRLA Living.
The service is aimed at large portfolio landlords, build-to-rent operators, investors, funders and professional services firms.
It was designed to provide market information to help users plan and manage property portfolios.
The launch in London also included a joint report, which found build-to-rent developments delivered an average of 61% of new homes across eight leading UK regeneration areas over the previous decade.
This was despite the sector accounting for less than 2% of national housing stock.
The event brought together institutional leaders to discuss residential investment and operations.
Ben Beadle, chief executive at the NRLA, said: “We believe that Build to Rent makes – and can continue to make – a valuable contribution to the UK’s supply of housing, alongside traditional buy to let (BTL).
“These research findings demonstrate that housing delivery can only happen at scale if the Government takes steps to ensure investment is encouraged rather than stifled.
“Crucially we believe that a thriving BTR market must complement a growing BTL sector if the UK is ever going to meet its ambitious housing objectives.”
Beadle added: “Without a bold vision which attaches an equal level of importance to both sectors, the Government will simply fail to solve the UK’s housing crisis.”
Iain Murray, partner and head of operational living at Bidwells, said: “Capital is being committed to operational living in a far more complex regulatory and fiscal environment than five years ago.
“Investment decisions of this scale should rest on data, and this report gives investors, local authorities and government a clearer basis on which to judge where BTR sits in the housing mix.”
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