The Private Rented Sector (PRS) is a classification of housing in the UK. The basic Private Rented Sector definition is property owned by a landlord and leased to a tenant. The landlord, in this case, could be an individual, a property company or an institutional investor.
Capital Park is a specialised office park focused on providing workspaces for high-growth businesses. The park is located in Fulbourn, close to the centre of Cambridge, a town known for its prestigious university and dynamic skilled workforce.
The East West Rail Link, also called the Varsity Line, is the railway route that once linked Oxford and Cambridge. It allowed for quick and easy travel between the two university towns, and also provided easy access to Milton Keynes.
A compulsory purchase order (CPO) is a legal process that allows acquiring authorities (including public and private bodies) to require those with interest in property, e.g. owners and occupiers, to sell their interests if they obstruct any development or infrastructure project that benefits the ‘greater public good’.
The Oxford to Cambridge Expressway is a proposed dual carriageway set to run between Oxford and Cambridge via Milton Keynes. The objective is to allow for faster travel between these towns. The expressway has the potential to have a big impact on the ‘Golden Triangle’ of London, Oxford and Cambridge.
Building surveyors are involved in all aspects of property and construction, providing the link between the client and the contracting world. A building surveyor is generally considered to have one of the broadest yet most specialised skill sets in surveying, giving them an ideal perspective when strategically advising you on your property assets.
A Grade 2 listed building is defined as a UK building or structure that is "of special interest, warranting every effort to preserve it". Grade 2 is a classification that can be applied to a wide variety of buildings and other structures, in a range of ages, styles and locations.
Build to Rent is a term used to describe private rented residential property, which is designed for rent instead of for sale. As the name suggests, Build to Rent (B2R) involves the building of homes specifically for the rental market. These developments are typically owned by companies (such as property companies or pension or insurance investment companies), and let directly or through an agent. B2R is an emerging, fast-growing market in the United Kingdom.