{"id":1646,"date":"2016-11-14T07:00:31","date_gmt":"2016-11-14T07:00:31","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=1646"},"modified":"2023-09-26T16:56:35","modified_gmt":"2023-09-26T15:56:35","slug":"buy-let-turns-give-build-rent-chance","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/14\/buy-let-turns-give-build-rent-chance\/","title":{"rendered":"When buy-to-let turns on you, give build-to-rent a chance"},"content":{"rendered":"<p><strong>With new tax rules and political change, 2016 has been a rather rough year for the buy-to-let sector. But is it time to give up on buy-to-let and move on to build-to-rent?<\/strong><\/p>\n<p>The <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/02\/one-four-property-sales-uk-buy-let-second-home\/\" target=\"\" rel=\"noopener\">buy-to-let sector<\/a> has been around for a while now, and with most things that have a long life span, they eventually need to make a choice between a path of stagnation or on of reinvention.<\/p>\n<p>If one asked Britain\u2019s tenants and the country\u2019s Government, their answer would be quite clear. Let\u2019s reinvent and call it build-to-rent.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"qqemmlX0fH\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/24\/large-drop-new-rental-properties-uk-research-reveals\/\">Large drop in new rental properties in UK, research reveals<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Large drop in new rental properties in UK, research reveals&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/24\/large-drop-new-rental-properties-uk-research-reveals\/embed\/#?secret=Q5cNwk0xCQ#?secret=qqemmlX0fH\" data-secret=\"qqemmlX0fH\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><strong>But why do two out of three parts of the property market feel this way?<\/strong><\/p>\n<p>Firstly, the Government thinks that <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/15\/will-build-rent-experience-tax-cut\/\" target=\"\" rel=\"noopener\">build-to-rent<\/a>, which could also be described as structured, high-quality living specifically aimed at the generation most in need of it, may be the best way to get close to a fix of the ever-growing housing shortage.<\/p>\n<p>Secondly, the way tenants are looking at rental accommodation has changed. Whilst renting used to be a last resort, it\u2019s now <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/08\/renting-property-uk-become-first-choice\/\" target=\"\" rel=\"noopener\">becoming a first choice for many renters<\/a>. The Private Rented Sector give the younger generation the freedom to move around whilst living in a place surrounded by their peers in a beautiful place which in a best case scenario has all shops and maybe even a gym in the building.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"9TsVlTUwKx\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/05\/governments-buy-let-taxes-will-create-rental-supply-crisis-2025\/\">The Government\u2019s buy-to-let taxes will create a rental supply crisis by 2025<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;The Government\u2019s buy-to-let taxes will create a rental supply crisis by 2025&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/05\/governments-buy-let-taxes-will-create-rental-supply-crisis-2025\/embed\/#?secret=B7uc4GjDlz#?secret=9TsVlTUwKx\" data-secret=\"9TsVlTUwKx\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Data recently published by Connells Survey and Valuation revealed that, in the last year, buy-to-let activity has gone down by 13.3%.<\/p>\n<p>This comes at a time when the Government is trying to clamp down on property investors whilst <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/10\/19\/property-rentals-sales-first-time-since-1930s\/\" target=\"\" rel=\"noopener\">the number of renters is constantly growing<\/a>. For some, this might be one of the biggest paradoxes 2016 has to offer, and there is an abundance to choose from.<\/p>\n<p><strong>Whilst some might still hold out hope to make it onto the property ladder, others, mainly those dubbed Generation Y, choose to rent because it works better for their lifestyle.<\/strong><\/p>\n<p>Buy-to-let was created to serve that older generation, to serve those whose main aim it was to live in a property they can call their own. <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/08\/29\/build-rent-overtaking-buy-let\/\" target=\"\" rel=\"noopener\">Build-to-rent<\/a> on the other hand serves the younger generation. It\u2019s built for those valuing a trip to Asia over owning a car or a pay raise over living down the road from Mum and Dad\u2019s.<\/p>\n<p><strong>Build-to-rent is aimed at Generation Adventure. And we\u2019re nowhere near peak yet, when it comes to experiencing a global life to its fullest.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With new tax rules and political change, 2016 has been a rather rough year for the buy-to-let sector. But is it time to give up on buy-to-let and move on to build-to-rent? The buy-to-let sector has been around for a while now, and with most things that have a long life span, they eventually need<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/14\/buy-let-turns-give-build-rent-chance\/\" title=\"ReadWhen buy-to-let turns on you, give build-to-rent a chance\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4637,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,6],"tags":[38,22,36],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1646"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=1646"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1646\/revisions"}],"predecessor-version":[{"id":6096292,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1646\/revisions\/6096292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/4637"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=1646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=1646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=1646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}