What is Build-to-Rent?
Build to Rent is a small section of new developments, and they are designed specifically for the rental market. Build to rent accommodation is usually made up of around 50 homes, flats or apartments, all owned by one landlord. The current build to rent market creates accessible homes and affordable housing for professionals, young families and first-timers – it achieves this by tackling the current problems within the current housing market and private rental sector (ranging from untrustworthy landlords to being overcharged, and too many short-term leases).
Why is the market thriving?
The build to rent market has seen a vast increase over the past year – according to PBC Today, just over 1% of the private rental sector is made up of build to rent accommodation (approx. 30,000 units), however, this is estimated to rise to 150,000 – 200,000 units (5-7%) by 2022. The market is thriving due to the demand for more affordable housing for the younger generation and provides more reassurance for landlords as there has been an increase on the amount of rent being paid on time due to the affordability.
As the younger generation has been introduced to such a tech-driven era, it is crucial that broadband costs should be included within the rent. In addition to this, it has also been stated that the inclusion of bills in the property cost per month is also a major attraction for the younger generation. It is arguable that the inclusion of smart home devices will make properties even more attractive, however, this is still highly disputed.
How we can help?
Landlord Broadband offers the unique service of providing high-performance broadband for build to rent developments. What’s more, we pride ourselves on delivering wifi installations for new developments on time and to a budget. Unlike other internet providers, we tailor our wifi installations to the individual developer’s needs. This allows us to fulfil certain guarantees for the Wi-Fi provided. We offer full coverage throughout the property and an equal share of bandwidth to all guest devices.
If you are a construction contractor or property developer and wish to find out more about how Landlord Broadband provides wifi installations for new developments, click here.
Or if you would like Landlord Broadband to provide your broadband for new developments, click here to discuss a project.