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.
PPM stands for Planned Preventive Maintenance, which is also called planned maintenance or scheduled maintenance. PPM maintenance is carried out on an asset (like a piece of equipment, a property, or an element of a property) on a regular basis.
Letting out under-used farm buildings for business purposes can be a great way to diversify and increase income. However, commercial leases have the potential to cause major issues if the agreed terms do not turn out to be suitable for the landlord's requirements.
Our View on Build to Rent is a new bi-annual Bidwells’ report on this developing funding and investment sector. We provide our comments on recent markets trends including the recognition of a Build to Rent (BTR) tenure status in the draft National Planning Policy Framework.
The building industry has seen a technological revolution in recent years to make construction faster, cheaper and safer. From drones, to AI (Artificial Intelligence), to BIM (Building Information Modelling) – we’ve made it possible to live and breathe the construction of a building before the first brick is laid. But how far have we taken our lifecycle modelling of new construction methods and materials? – will these buildings last?