Birmingham

Build-to-rent thriving in Birmingham as investors turn backs on London

Birmingham is one of the top destinations in the country for people leaving London, and more investors are now looking to the city for the next build-to-rent opportunities.

More people than ever are migrating out of the capital according to statistics, with high house prices and renting costs being blamed for much of the exodus, as well as the vastly improving job markets and opportunities in other cities – and it seems that Birmingham is a new magnet for ex-Londoners.
[crb_image link=”https://www.buyassociationgroup.com/en-gb/advice/property-investment-starter-course/” image=”https://cdn2.hubspot.net/hubfs/1717782/Asset_Store/WebCTA/cta.jpg” align=”left”]
According to the Resolution Foundation, net outward migration from the capital reached 106,608 in the year to June 2017, with 229,405 people moving into London compared to 336,013 who left – an increase of 14% on the previous year’s figures.

People in their early 30s are the most likely to leave the city, meaning thousands of young professionals are now looking for new homes elsewhere in the country. With fewer of the age group now owning homes, the rental market in Birmingham has seen increased demand, particularly in the build-to-rent sector.

Young professionals used to city living are being drawn to build-to-rent by the long-term, flexible tenancies often available in these developments, as well as the added amenities and the higher quality, centrally located living standards that tend to come hand-in-hand with the sector.

Why Birmingham attracts young professionals and investors

According to Johnny Caddick, managing director at Moda which is creating rental apartments in Birmingham, the city’s economy is set to grow as it continues to attract and retain talent from elsewhere in the country – providing a further impetus for investors looking for an up-and-coming area in which to invest.

“It’s not surprising that record numbers of people are moving to Birmingham,” said Caddick. “It’s now a global city with the amenities and international connections consumers and businesses demand. Investment around HS2 and the commitment from firms like HSBC has underscored investor confidence in Birmingham and this is why investors are piling in.”

“Build-to-rent is well suited to the city as it supports high density development and recognises that many workers value the time saving and hassle-free way of life companies like Moda plan to offer.”

Build-to-rent can be a great investment choice for hands-off landlords as all units are specifically designed with tenants in mind, with all the property management taken care of. To find out more about some of BuyAssociation’s investment opportunities in Birmingham, see our investments page.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

aerial-view-uk-houses

緊貼市場趨勢

立即登記搶先獲得最新項目及獨家物業投資機會。

我們會定期發送電子通訊,介紹最適合您的全新發布項目及獨家優惠。 我們受到超過 30,000 名活躍買家的信任,不斷更新最新英國物業市場資訊。

  • 最新發展項目及獨家優惠
  • 樓市走勢專業分析
  • 物業市場成交數據
  • 項目建築進度定期更新
UK holiday let

最新最快英國樓市新聞。

追蹤我們最新樓市觀點,爲您提供前瞻性的建議和分析。

自 2005 年成立以來,我們是英國地產市場權威,提供前瞻性的建議和分析。我們的英國物業資訊獲得 Apple News 及 Google News 授權發佈。

  • 英國樓市趨勢
  • 按揭申請攻略
  • 業主放租須知
  • 物業指南及投資建議

請即聯絡

立即聯絡我們英國物業專家查詢更多:

 

+852 6699 9008

辦公時間 9am-6pm