The Build-To-Rent (BTR) Finance working group was formed with a view to ensuring that a lack of suitable, informed, commercially available credit will not act as a brake on the growth of the UK’s BTR market for professionally managed and rented residential property. We have also organised meetings with government officials seeking input from the lending side. The secretariat for the working group is led by lawyers Partha Pal and Carol Hopper from law firm Greenberg Traurig LLP.
The working group has mostly operated through various sub-groups (sometimes sponsor or lender only, sometimes mixed) to consider what steps would be most helpful for the market. A paper is close to being finalised that discusses the key issues about BTR that lenders should understand, and key lender concerns that sponsors should understand.
Following a joint initiative with colleagues at the British Property Federation and the UK Apartments Association in particular, we are pleased to announce that the launch of a BTR information hub to provide a single site from which key resources (most obviously from government or from relevant industry representative bodies) can be accessed. You can find it here: https://buildtorent.info/.
Please contact Peter Cosmetatos on +44 3651 5696 or email@example.com if you would like to know more about the work of this working group.