Number of build to rent homes in the UK Q1 2018-Q4 2022, by status
The number of build-to-rent homes starts in the UK decreased quarter on quarter since the third quarter of 2021 and reached about 2,600 in the final quarter of 2022. Meanwhile, 695 homes were completed in the same quarter, down from over 5,500 in the fourth quarter of 2021. Build-to-rent refers to homes that are built specifically for renting rather than for sale. They differentiate from traditional rent homes with their focus on the provision of services, i.e. professional on-site management, shared spaces, work zones, fitness centers. A substantial share of the built-to-rent stock is concentrated in London.
