All PRS articles
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NewsPurplebricks faces up to £9m bill to cover lettings error
Struggling online estate agency Purplebricks could be forced to set aside up to £9m after its letting business failed to follow law protecting tenants’ deposits.
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News
Propertymark calls for deposit reform and energy targets for PRS sector
Propertymark has urged for deposit reform, regulation of letting agents and energy efficiency targets in the private rented sector (PRS) in England following the release of the government’s plans for Renters’ Reforms White Paper.
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Online
BTR more affordable than PRS
Build-to-rent (BTR) residents spend a smaller proportion of their monthly income on rent compared with those who live in the private rented sector (PRS), according to a new report by the British Property Federation.
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Online
PRS REIT closes in on portfolio target
PRS REIT made a significant stride towards its target of creating a portfolio of 5,200 rental homes in the 12 months to the end of June, as it added 243 new homes during the year.
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News
Q&A: LGIM’s head of BTR on sector’s investment prospects
Dan Batterton explains why the build-to-rent investor has committed more than £2bn to UK rental housing
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News
Lloyds harbours ambitions to become biggest PRS landlord
Analysts say lender has sound case for investment in rented housing and financial muscle to realise its plans.
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News
PRS valued at £1.4trn
The value of the private rented sector (PRS) in England, Wales and Scotland grew by 5.8% to £1.4trn in the last year, according to research by Shawbrook Bank.
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Online
Gatehouse and TPG form £500m build-to-rent JV
Gatehouse Bank has launched a £500m joint venture with TPG Real Estate Partners to develop up to 2,500 suburban, purpose-built family rental homes across the North and Midlands.
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Online
Anglo Fortune Asset Management snaps up Grosvenor building for PRS scheme
Anglo Fortune Asset Management has bought the freehold to a building in Mayfair from Grosvenor for £37m with plans to develop the property into a PRS scheme, Property Week can reveal.
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Online
PRS REIT boosts portfolio and annual rental income
PRS REIT more than doubled its annual housing delivery despite the impact of the Covid-19 pandemic.
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News
Lloyds Banking Group debuts PRS brand Citra living
Lloyds Banking Group has entered into the private rental market with the launch of Citra Living.
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Online
Irish real estate investment leaps 170%
Investment in the Irish real estate sector has leapt 170%, Savills data has revealed.
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News
Pension Insurance Corporation forward funds Ealing BTR scheme
Pension Insurance Corporation is forward funding a 278-apartment build-to-rent scheme in Ealing, west London.
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Online
Love to Rent launches build-to-rent awareness week
Build-to-rent marketing portal Love to Rent has launched its first build-to-rent customer awareness week, which aims to boost awareness of the sector and raise the profile of the UK BTR sector.
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News
BTR sector has strongest ever quarter for planning approvals
Almost 7,000 built-to-rent (BTR) planning applications were approved in the first three months of 2021 – the highest figure for any quarter on record.
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Online
Watkin Jones gets green light for Exeter co-living scheme
Watkin Jones has been given the go ahead for a co-living scheme in Exeter.
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Online
PLATFORM_ launches new build-to-rent JV with US investor
Build-to-rent (BTR) developer operator PLATFORM_ has joined forces with US investor Northwood Investors to form a new BTR JV, Property Week can reveal.
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Online
Ascend rises to Sigma BTR challenge
Build-to-rent (BTR) and regeneration specialist Sigma Capital has appointed Ascend Properties as its principal Regional Lettings Partner, Property Week can reveal.
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Markets
Scape eyes post-Covid growth
Despite the pandemic, the JV is forging ahead with its PBSA and PRS plans.
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Online
Beech plans resi conversion for Newcastle office block
PRS developer Beech Holdings has paid £5.35m for a building overlooking the Tyne Bridge in Newcastle as part of an investment spree in the city.
