Abbreviated as BTR and sometimes called Built for Renters.
Definition
Purpose-built housing designed for rent rather than sale. The development is owned and managed by one landlord, and provides additional services such as gyms and communal areas.
Built for Renters landlords are requited be a member of a recognised ombudsman scheme and have a proper complaints procedure in place.
Further resources
Build to rent hub – a useful website with information on the BTR sector operated by the British Property Federation.
Rightmove – explanation of Build to Rent housing.
Grainger – the UK’s largest BTR landlord.
