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.
At Hunters, along with our Land and New Homes department, we have dedicated staff that can help you with your Build To Rent and PRS needs. This team of staff works 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 over 200 offices nationally, we have a wide reach across the UK when it comes to offering specialist advice on the PRS and Build-to-Rent. Hunters.com reaches over 3 million people every year meaning we have great access to people nationwide.
The My Hunters portal allows tenants and landlords to access properties 24/7 meaning you can keep well up to date with the progress of your lets.
For buildings and developments, we can create a website and tailored to the amenities and services available to the tenants.
Our specialist Block Management team play a key role in our strategy – read more about them here.
The Build to Rent 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.
B2R developments also benefit tenants and local areas, by doing the following:
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