Pets in Lets - Build To Rent cashing in on tenant pr...

The most common feature in Build To Rent developments is an issue dividing landlords - pet-friendly homes.

Some 47 per cent of BTR developments actively listed state that they are pet friendly, according to a survey by Manor Interiors.

After that the second most common build to rent feature is car parking, a common feature shared by 40 per cent of the developments currently being advertised.

Some 33 per cent of BTR developments come with an on-site concierge, while 27 per cent offer free WiFi to all tenants, 26 per cent offer a resident’s lounge or other shared communal socialising space, 20 per cent offer an on-site gym and 12 per cent offer some sort of communal garden space.

Farhan Malik, chief executive of Manor Interiors - which commissioned the study - comments: “Build To Rent is increasing in popularity so quickly because it offers a truly modern renting experience. After decades, if not centuries of an unchanged private rental industry, tenants are starting to kick back against the poor standards and inflexibility common among private landlords.

“It’s clear that the build to rent industry has listened to these renter frustrations and responded by ensuring that their developments cater to the evolving expectations and needs.

“We see this in the fact that nearly half of build to rent developments are pet friendly, an increasingly common renter demand that private landlords have long refused to engage with.”

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