Free landlord compliance checklist

Equip yourself with all the knowledge you will need to be a fully compliant and law-abiding landlord. Just fill in your details and we'll send a compliance checklist right to your inbox for FREE!

compliance checklist book artwork

Thank you!

The free download has been sent to your email. Please check your account to ensure you have received it
Oops! Something went wrong while submitting the form.

Free landlord compliance checklist

Equip yourself with all the knowledge you will need to be a fully compliant and law-abiding landlord. Just fill in your details and we'll send a compliance checklist right to your inbox for FREE!

compliance checklist book artwork

Thank you!

The free download has been sent to your email. Please check your account to ensure you have received it
Oops! Something went wrong while submitting the form.
Landlords - Find quality tenants faster than ever before for only £900 flat rate
Enquire Today
August 25, 2022

Build To Rent: What are the Benefits?

September 1, 2021
Written by
Nureen Kirefu

No more unanswered calls or landlord disputes. With Build To Rent homes, the professional management and emphasis on customer service serve to retain clientele.

low-angle perspective of some build to rent skyscrapers

Table of contents

Revisiting Build To Rent

In our previous blog we looked at the Build To Rent (BTR) sector, how it‚ developed and the future of BTR in the property market. Posited as an innovative, flexible approach towards renting, we've pinpointed some of the key benefits of this new standard of everyday living below:

Various price points:

While Build To Rent seems to be predominantly for high-earning professionals, some developers like Dolphin living offer a range of rental levels. As reported by ITV news, the government recommends that 20% of new BTR schemes should cater towards those paying social rent. Developments like Chesterfield House in Wembley Park follow suit, offering a range of discounted rents in 103 of the 239 new homes built. This fulfils the housing demand for those who don't meet the criteria for affordable government rental housing but are also not ready to be homeowners.

Housing choice:

Whether you're a senior citizen looking to retire long term, or a mother of two kids, BTR buildings can cater to a diverse range of people. As the sector expands, so do the types of homes built. From being pet-friendly, on-site nurseries, communal events, and extra acoustic insulation, Build To Rent developments can offer a variety of options to suit your needs - whatever stage of life you're at.

City views of new york city by the river and skyline

Location Location Location:

Buying in and around any major city is expensive, and with many BTR's located in prime locations, the commute to work, the grocery store, or the nearest tube station is made all that much easier. In cities like London, many residents can take full advantage of the nightlife, scenic sites, and portfolio of restaurants on offer - not to mention some gorgeous views of the city from quality homes!

Management:

No more unanswered calls or landlord disputes. With Build To Rent homes, the professional management and emphasis on customer service serve to retain clientele. In turn, tenants in rental housing can have more confidence that issues will be quickly and efficiently resolved. Residents at many BTR's, like Argo, can also rest assured with a 24-hour concierge and management team.

Community:

In a post-pandemic world, the notion of community and connectivity has become more important than ever. Many Build To Rent developments offer these communal spaces - including a range of workrooms and well-equipped gyms for fitness enthusiasts. With other amenities like a games room, private cinema, roof terrace and reading rooms - BTR homes for many can feel like a home with the advantages of a hotel. Residents can also book dining rooms for dinner parties, as well as other spaces for private events.

eviction notice given to two stressed out tenants by a grey sofa

Stability:

The Build To Rent model encourages operators to ensure high occupancy rates and limited periods of vacant homes. Thus, for those who wish to sign longer tenancies, the option is available. This eliminates the possible risk of eviction that can occur when privately renting via a private landlord, as tenants have the guaranteed option of extending their tenancies. Efforts are also made to ensure increases in rent are predictable and kept to a minimum.

Quality:

The Build To Rent sector relies on generating long-term income and therefore must garner long-term interest. Thus, developers have a vested interest to nurture the surrounding public realm and the wider community that surrounds the development. Consequently, the incentive to create and sustain top-quality places is fostered, as the reputation and strength of their brand relies heavily upon this. Tenants receive the best service possible, their accommodation is tied with the management of the public domain and commercial spaces within the development that attract the wider community.

Ease of Adulting:

A broken boiler or leaky tap? Many BTR's offer the convenience of an on-site caretaker. These means  minor repairs and facilities are dealt with and up to par. In some cases, utility bills and high-speed wi-fi are included in the rent. There are also system apps for dry-cleaning services or room bookings. Making day-to-day organisation just that bit easier. Build To Rent constructions like Essential Living include major bills, electric, heating, water and WiFi, sorted into one monthly payment. Thus making bills hassle-free and saving time.

a home space with a table, vase and paintings

Personalisation:

Always wanted an excuse to buy that wooden pot from IKEA? Despite the premise of being a rented home, many Build To Rent developers allow for personalisation (to various extents). Between the choice of unfurnished and furnished flats, developers like Essential Living have crafted their spaces with individuality in mind, so that, if you pop next door for a coffee, that apartment will be different to yours.

From artwork to soft home furnishings, their handy design guide also provides a wealth of ideas for renters looking to incorporate their own personal touch. According to Tom Grey, BTR Director of David Philips, the shift to home working has also introduced configurable furnishing options. Residents can personalise their space, such as switching a second bedroom to become an office if required.

aerial shot of Build To Rent living accomodation with swimming pool

Summing it up:

Overall, there's no denying that Build To Rent developments have a variety of perks that can elevate your renting experience. Depending on your needs, location, and budget, this emerging sector is a viable option, especially for those looking for more flexibility than that which is typically afforded by private renting. The affordability of many BTR's can still be called into question and its worth taking into account some of the key benefits when considering if it's the right fit.

Want to find out more?

Check out our article on the Hidden Dangers Of Rent To Rent For Landlords.If you are looking to maximise your build to rent, talk to one of our experts today. Oasis living are able to help you with the letting and management of your property, no matter the type! We would love to discuss how we can help you achieve landlord success!

November 24, 2022
November 24, 2022
Block Management Explained

In this Oasis Living guide, we delve into all things block management, and how it differs from property management!

Read More
November 24, 2022
November 24, 2022
Man with a Van: Moving House in London

Need a reliable moving company in London? We've done the legwork for you and have put together this guide to the top moving companies in London.

Read More
November 4, 2022
November 4, 2022
A Landlord's Guide to Anti Social Behaviour

Anti Social Behaviour - Read our guide for landlords all about how to prevent, tackle and report anti social behaviour!

Read More
October 6, 2022
October 6, 2022
Energy Prices in The UK: How to Reduce Costs

Energy prices are a hot topic at the moment, but fear not, we're here to help! We've written this guide to outline some of the ways you can cut costs.

Read More
a block of flats in London which is managed
November 24, 2022
November 24, 2022
Block Management Explained

In this Oasis Living guide, we delve into all things block management, and how it differs from property management!

October 28, 2022
October 28, 2022
Best Places to Invest In Property in the UK: 2022 guide

In this guide, we examine the main factors that buyers should take into account when determining the best places to invest in UK property.

Read More
September 6, 2022
September 6, 2022
Section 21 Notice: A Landlord Guide

A detailed guide for landlords about the upcoming changes to Section 21 notices: what are they, and why is the law changing?

Read More
September 7, 2022
September 7, 2022
Voted The Best Place To Live In London

Voted The Best Place to Live in London, Crystal Palace has a lot to live up to! In this guide we look into the history, the houses, and the local pubs.

Read More
August 12, 2022
August 12, 2022
How Important is a Property Floorplan

Technically speaking, a floor plan isn't required, but do you notice many listings without them? We explain why they're so important.

Read More
a moving company in london in action
November 24, 2022
November 24, 2022
Man with a Van: Moving House in London

Need a reliable moving company in London? We've done the legwork for you and have put together this guide to the top moving companies in London.

August 4, 2022
August 4, 2022
How To Find Good Tenants

What exactly is a good tenant, and how do you find one for your property? This helpful guide explains how to find ideal tenants for your rental home!

Read More
August 4, 2022
August 4, 2022
Things To Do In London August 2022

Looking for fun things to do in London this summer? This is the ultimate guide to fun things to do in the capital this August.

Read More
May 19, 2022
May 19, 2022
Average Rent in the UK in 2022

A detailed look into the current average rent prices across the UK. Broken down into regions and compared to 2021 rent prices!

Read More
May 10, 2022
May 10, 2022
Best Places to Live in London

A complete and comprehensive guide to the best places to live in London for families and young professionals.

Read More
a tenant covers their ears to block out loud noise
November 4, 2022
November 4, 2022
A Landlord's Guide to Anti Social Behaviour

Anti Social Behaviour - Read our guide for landlords all about how to prevent, tackle and report anti social behaviour!