Residential : Housing Associations News
St Arthur Homes Acquires Private Units for Shared Ownership

St Arthur Homes Acquires Private Units for Shared Ownership

Affordable housing provider St Arthur Homes has acquired its largest number of private units on one site to date, for Shared Ownership between Southampton and Portsmouth in a deal in excess of £25M with The Vistry Group. The purchase of 95 affordable homes at the Whiteley Meadows development in Winchester,

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Get Comfortable in Quintain Living’s Cosy Apartments

Get Comfortable in Quintain Living’s Cosy Apartments

Quintain Living, the award-winning management company overseeing the rental of more than 3,000 cosy apartments in Wembley Park, is certainly ready for autumn. At Canada Gardens, the heated work-from-home sheds amongst the acre of podium gardens provide remote-working residents with the ideal set-up, while those looking for a spot of

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RENDALL & RITTNER RETAIN PLATINUM ACCREDITATION

Leading property management agent, Rendall & Rittner, is proud to announce that it has been awarded a We invest in people, platinum accreditation by Investors in People. This is the highest level possible and is only achieved by 2% of organisations. Rendall & Rittner first achieved Investors in People accreditation

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Platform Housing Group begin work on biggest MMC site so far

Platform Housing Group have begun work on a site in Kirton where all dwellings will be constructed from modern methods of construction. Alongside developers Burmor, they will be producing 41 homes on the former brownfield site on London Road, making it their largest site of this kind to date. 35

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Historic Randalls Site Provides Affordable Alternative for Renters

Historic Randalls Site Provides Affordable Alternative for Renters

With the average cost of renting a property in the UK now stood at a record high of £1,061 per month, getting onto the property ladder is a more attractive prospect than ever. For Uxbridge renters, Rosewood Housing’s stylish Shared Ownership apartments at the iconic Randalls department store are ideal

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PLACES FOR PEOPLE LAUNCHES WOMEN INTO TRADES PROGRAMME – HELPING INCREASE FEMALE REPRESENTATION IN THE CONSTRUCTION SECTOR OVER THE NEXT THREE YEARS

Places for People Group has today launched a new initiative which will help young women establish careers in construction.  The Group is actively encouraging applications onto its Women into Trades programme – an initiative born out of a commitment to diversity and inclusion. It will offer currently unemployed women aged 18-24 in

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CACI REVEALS TOP 20 BTR LOCATIONS IN THE UK

CACI, the consumer and location intelligence specialist, has revealed the top 20 areas best to invest in for build-to-rent (BTR) schemes across the UK. The research highlights developments are proving increasingly popular with residents, as more and more consumers are attracted to BTR schemes because of the ease and convenience

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Latest Issue
Issue 323 : Dec 2024

Residential : Housing Associations News

St Arthur Homes Acquires Private Units for Shared Ownership

St Arthur Homes Acquires Private Units for Shared Ownership

Affordable housing provider St Arthur Homes has acquired its largest number of private units on one site to date, for Shared Ownership between Southampton and Portsmouth in a deal in excess of £25M with The Vistry Group. The purchase of 95 affordable homes at the Whiteley Meadows development in Winchester, comes as part of St Arthur Homes’ focused expansion programme, as it aims to deliver at least 2,000 new homes over five years. The first phase of 45 Shared Ownership homes at Whiteley Meadows will be launched for sale soon, including a range of two and three-bedroom houses and two-bedroom apartments, providing affordable opportunities for buyers to get onto the property ladder for as little as a 5% deposit on the share they buy. Buyers will initially be able to purchase a share of the property, with the opportunity to buy further shares up to outright ownership in the future. “We are delighted to have acquired the site at Whiteley Meadows, which is our largest Shared Ownership development to date. Working alongside Vistry, we are pleased to play our part in delivering this fantastic new community in an outstanding countryside location while helping make homes more affordable for our buyers. The increasing awareness and demand for Shared Ownership homes puts us in a strong position to continue to grow our business,” said Chief Executive Officer for St Arthur Homes. St Arthur Homes specialises in delivering premium shared ownership housing, without compromise on specification and is taking its place in the market as the aspirational RP. St Arthur works with a range of partners to acquire affordable housing across London and the South of England through S106 and grant-led schemes, with plans to expand into The Midlands. The deal with Vistry Group is the latest in a series of partnership deals with leading housebuilders as St Arthur increases its portfolio. Whiteley Meadows is a multi-phase development where the overall masterplan will deliver more than 3,000 new homes from a group of leading developers led by The Vistry Group. The plans also include new schools, a care home, community centre, green spaces and shops, along with associated infrastructure. The new neighbourhood is well situated between Southampton, Portsmouth and Winchester, and surrounded by countryside, making it an attractive and sustainable place to live.

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Quintain Living’s Canada Gardens Shows off Family-Focused Rental Homes

Quintain Living’s Canada Gardens Shows off Family-Focused Rental Homes

There is a great demand for rental homes that have been designed to suit family life and a leading example of just such a development is Canada Gardens in Wembley Park. Operated by Quintain Living – the award-winning management company that is expertly looking after the rental of more than 3,000 homes – the pet-friendly apartments deliver family focused living in the heart of the exciting Wembley Park neighbourhood. For Canada Gardens resident Loide Azinheiro, who has lived in Canada Gardens with husband Joao and baby Benjamin since January 2021, it was the building’s family focus that was the attraction. Canada Gardens has something for everyone – there’s a pirate ship themed children’s play area and water feature, a beautiful indoor playroom, an acre of private podium gardens with outdoor kitchens and BBQs, a huge roof terrace and a serviced clubhouse for indoor relaxation. Loide and Joao have both enjoyed working from the clubhouse, while Loide has joined Pilates and yoga classes, art and painting lessons and baking classes with local artisan bakery Bread Ahead, all organised by the Quintain Living team through its dedicated app. The Wembley Park neighbourhood also has plenty to appeal to families. Loide loves all the new developments that are appearing, while the CCTV, on-site security and well-lit boulevards make her feel safe and confident when out and about. Working just outside Marylebone (when not home-based), the location is also ideal for her commute as the overground train reaches Marylebone in just nine minutes and both the Jubilee and Metropolitan lines run from Wembley Park station. And for little Benji, attending the local, bilingual (English/French) nursery is perfect. Working from home also played into the couple’s decision to move to Canada Gardens. They had lived in a two-bedroom apartment in Quintain Living’s Alameda development since April 2019, but with Benji now in tow and the pandemic likely resulting in long-term remote working, they switched to a three-bedroom home in Canada Gardens, using the third bedroom as a home office. For families in the same situation, Canada Gardens offers not just the clubhouse as a place to work but designer work-from-home sheds surrounded by greenery, a rooftop lounge and work from home area, study and a phone booth over the super-lobby. Meanwhile, families who want to get back to nature can hire allotment beds to grow their own fruit, flowers, herbs and vegetables. There’s a tool shed for storing pots and tools, with information on growing seasons. Quintain Living’s estates team is also on hand to provide expert advice on planting and nurturing. Children growing up in Wembley Park have plenty of primary and secondary schooling options close by, including the Lycée International de Londres Winston Churchill, which is immensely popular. There are also all the on-site shops, theatre, cinema and playparks available at Wembley Park itself, including LDO and London’s largest Boxpark. There’s even a new public park next to Canada Garden’s entrance, complete with a children’s playground, paddling area, water features, a games area, and an outdoor gym. With a dog park and acres of greenery to come, it’s the icing on the cake in terms of local attractions for families. Available in one to three-bedroom layouts, Canada Gardens’ apartments can be rented furnished or unfurnished, to suit families’ varying needs. All homes provide free, superfast WiFi, which is set up ready to use the moment families move in. Utilities are also set up and ready to go, with one monthly bill that breaks everything out for total transparency, with families only paying for what they use. Co-designed with John Lewis & Partners and Samsung, with Kohler bathroom fittings, the apartments offer a high standard of contemporary comfort and style – perfectly for modern family life.

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Get Comfortable in Quintain Living’s Cosy Apartments

Get Comfortable in Quintain Living’s Cosy Apartments

Quintain Living, the award-winning management company overseeing the rental of more than 3,000 cosy apartments in Wembley Park, is certainly ready for autumn. At Canada Gardens, the heated work-from-home sheds amongst the acre of podium gardens provide remote-working residents with the ideal set-up, while those looking for a spot of company can drop into the warmth and welcome of the clubhouse. The children’s playroom comes with its own fairy-tale-esque lighting that feels perfect for the change of season, while the plush armchairs, individual lamps and mellow shelf lighting in the library couldn’t be more autumnal if they tried. Meanwhile, for those families that have hired the on-site allotment beds, it’s time to start harvesting. The homes themselves at Canada Gardens are also ideal for autumn. Properties range from studios to three-bedroom apartments, all with spacious open plan areas that create the perfect family hub for the cosiest season of the year. Furnished apartments provide a choice of options when it comes to colour schemes, with rich browns, deep blues, soft greys and even warm splashes of dark purple creating homes that feel welcoming and comforting the moment you set foot through the door. The autumnal vibe can also be felt strongly at Ferrum, where New York-inspired warehouse interiors feature exposed brick and concrete in an homage to industrial chic. With outstanding rooftop social spaces and a state-of-the-art gym, the cosy apartments are popular with Londoners looking for Brooklyn loft-style living. The huge residents’ lounge at Ferrum – The Foundry – is packed with comfortable sofas, fireplaces and armchairs you can sink into after a long day, with fabrics and cushions that feel custom-designed for snuggling up. Rich tones of brown, deep yellow and burgundy, alongside a natural feel from the use of brick, wood and exposed concrete, create a haven of warmth and comfort, while floor to ceiling windows flood the space with light. As life outdoors gets colder and less inviting, a host of curated events within Quintain Living’s social spaces, as well as online, will keep residents feeling connected and inspired. Between Wembley Stadium, The SSE Arena, Wembley and the Troubadour Wembley Park Theatre, there is also a plethora of sporting, musical and theatrical events for Wembley Park residents to enjoy this autumn.

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RENDALL & RITTNER RETAIN PLATINUM ACCREDITATION

Leading property management agent, Rendall & Rittner, is proud to announce that it has been awarded a We invest in people, platinum accreditation by Investors in People. This is the highest level possible and is only achieved by 2% of organisations. Rendall & Rittner first achieved Investors in People accreditation in 2006, and since then has continued to develop its people management practices in the pursuit of excellence. The company, which currently employs 500 members of Head Office staff and over 1,500 on-site staff, has achieved an award that matches the Platinum standard it was awarded in 2018. Commenting on the award, Catherine Riva, Director at Rendall & Rittner, said: “This is a great result, which reflects the significant hard work of everyone in our company. From our apprentices to our team managers, and from our cleaners to our lead executives, we would not have been able to attain a Platinum standard without their commitment. At Rendall & Rittner, we aim to continuously improve and have goals of being a lead employer in the industry, offering value-added services and delivering high levels of customer care to residents across all of our developments. This tremendous news provides verification from an international awarding body that we are achieving our goals. We will continue to strive for excellence in our future work.” Investors in People is the international standard for people management, defining what it takes to lead, support and manage people effectively in order to achieve the best results. The platinum accreditation means that policies and practices focused on supporting people are embedded in every corner of Rendall & Rittner. As a platinum company, everyone knows that they have an important part to play in the company doing well, and is always looking for ways to improve. The award demonstrates Rendall & Rittner’s ability to deploy the essential skills and effective structures required to outperform in any industry. Paul Devoy, CEO of Investors in People, said: “We’d like to congratulate Rendall & Rittner. Platinum accreditation on We invest in people is a remarkable effort for any organisation, and places Rendall & Rittner in fine company with a host of organisations that understand the value of people.” For more information on Rendall & Rittner visit www.rendallandrittner.co.uk or for more information about Investors in People please visit www.investorsinpeople.com

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Platform Housing Group begin work on biggest MMC site so far

Platform Housing Group have begun work on a site in Kirton where all dwellings will be constructed from modern methods of construction. Alongside developers Burmor, they will be producing 41 homes on the former brownfield site on London Road, making it their largest site of this kind to date. 35 of the homes will be built using Green Square Accord’s Eco100 system, which is an off-site, timber framed panlised system. 6 of the dwellings will be built using a new material from Durisol UK, who use woodcrete insulated concrete framework blocks. Luke Boekestyn, director at Burmor Construction said, “We are very excited about the possibilities at this site. We have a long standing partnership with Green Square Accord and know they will be able to deliver everything we need in terms of materials and time scales. We also recognise the enthusiasm for other materials in the MMC space, so bringing in Durisol on the smaller site to build those dwellings is fantastic. Our Quantity Surveyor on the site has a real passion for MMC as do we as a company because of the sustainable benefits for residents.” Early indications show that all the homes built with have an EPC rating of B or even A in some cases. This aligns with Platforms ambitions to achieve ratings of C or above for all homes in its stock in the next few years. Platform was recently named as one of Homes England’s strategic partners, receiving the highest possible grant of £250m to build affordable homes across the midlands. Part of this commitment will see them increasing the percentage of homes they build using modern methods of construction to 25%. Gerraint Oakley, Director of Growth and Development at Platform said, “This is just one of many sites we are using modern methods of construction on and we’re really pleased with the plans Burmor have produced. We have huge sustainability goals in our development strategy and we’re confident this site will be a leading example of how well MMC can work in terms of scale and time frame.”

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Historic Randalls Site Provides Affordable Alternative for Renters

Historic Randalls Site Provides Affordable Alternative for Renters

With the average cost of renting a property in the UK now stood at a record high of £1,061 per month, getting onto the property ladder is a more attractive prospect than ever. For Uxbridge renters, Rosewood Housing’s stylish Shared Ownership apartments at the iconic Randalls department store are ideal for those looking to quit renting and snap up their very own home instead. And, with only nine Shared Ownership homes available at the site, prospective purchasers need to act fast to secure an affordable apartment with a unique history. Enjoying a convenient location within the commuter town of Uxbridge, all homes at Eves House are available to view, allowing interested parties to choose their dream home. The collection of one and two-bedroom apartments have all been designed and constructed with the same high-quality finish as those destined for private sale by Rosewood’s parent company, Inland Homes, with some properties even enjoying the added luxury of secure gated parking.  Sally Ingham, Board Director at Rosewood Housing, comments: “At Randalls, we are delighted that our affordable homes are offering buyers the opportunity to get onto the property ladder at such a historically significant development. As all properties are now ready to move into, purchasers will be able to settle into their new home before Christmas. With only nine properties available, we expect demand at Randalls to be high and urge potential purchasers to book an appointment with us as soon as possible.” Providing a more affordable way to get onto the property ladder, Rosewood’s Shared Ownership scheme at Eves House allows purchasers to buy a 25% share of their property, whilst paying a subsidised rent on the remaining value. After moving in, buyers can choose to purchase further shares of their property up to 100% and full ownership – known as staircasing – as and when they can afford to do so. Eves House hosts the stunning collection of one and two-bedroom Shared Ownership apartments at Randalls. Benefiting from spacious open-plan layouts, kitchens are complete with slimline quartz worktops and a selection of high-quality integrated appliances. Contemporary bathrooms feature stylish Porcelanosa tiling, sleek white sanitaryware and fully recessed mirrors. All homes enjoy the added benefit of having underfloor heating as standard. Home offices, en-suites and balconies provide even more space to enjoy in selected apartments. Randalls is well situated to enjoy the Uxbridge’s thriving community. With two shopping centres on offer, residents can take full advantage of the extensive range of popular high-street stores available, including H&M, River Island and The Body Shop. The town centre hosts a variety of popular restaurants, including Prezzo, Nando’s and Wagamama, while Millers Tap is a craft-pub offering a range of refreshing cocktails. Uxbridge also hosts a multi-screen Odeon cinema with an IMAX-screen, perfect for catching all the latest releases. Residents at Randalls can benefit from the plethora of tranquil green spaces that Uxbridge has to offer. Fassnidge Park hosts of bowling green, tennis courts and a café, and is just a short eight-minute walk away. Also nearby, Dowding Park is just a nine-minute walk from Randalls. This 40-acre space includes a children’s playground, football pitches and a peaceful woodland trail. Blue space is also plentiful, with the opportunity to enjoy stunning views across the River Colne, River Pinn and Fray’s River, or a gentle stroll alongside the Grand Union Canal. Randalls is ideally placed for commuters. Uxbridge Underground Station is just a five-minute walk away, providing easy access to a range of destinations including Wembley Park (25 minutes), Kings Cross (43 minutes) and Leicester Square (62 minutes). The introduction of Crossrail to nearby West Drayton train station from 2022 is expected to dramatically reduce journey times to destinations including London Paddington and Reading. For those hoping to travel further afield, the M25, M4 and M40 motorways are all easily accessible from the development, and residents are also just a 15-minute drive away from Heathrow Airport.

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Work set to get underway on two multi-million-pound affordable housing projects in Glasgow

Work will shortly begin on two multi-million-pound affordable housing developments in Glasgow. Housing provider Home Group Scotland appointed Cruden Building West, part of the Cruden Group, to deliver two key housing developments at Kennyhill Square in Dennistoun and in East Balornock (Phase 6). The contracts have a combined value of £12.5m. The new £6m Kennyhill Square development will provide much-needed mid-market rental housing in Glasgow’s East End with 36-, one- and two-bedroom apartments built on the site of a former nursing home. The development, which has been designed by Grant Murray Architects, offers energy-efficient, high-quality homes and many of the properties benefit from a terrace with stunning views overlooking Alexandra Park.  Cruden Building West was also awarded a £6.5m contract by Home Group to develop the latest phase at East Barlornock – creating 35 highly sought-after affordable homes at the site on Broomton Road. Home Group Scotland and Cruden Building West have been working with Glasgow City Council on this development which has been built over five phases to date, and this marks the beginning of phase six of this £50m regeneration of the East Balornock area. Allan Callaghan, Managing Director of Cruden Building East said:  “We are delighted to begin working on this exciting new development at Kennyhill Square in Dennistoun which will bring all important sustainable, affordable homes to the area.  We will also begin work on phase six of building the East Balornock development – a significant milestone as we get closer towards delivering this landmark regeneration which will create around 320 new homes in total. As is the case with all our projects, we are committed to giving back to the local area by providing significant community benefits, work placements and apprenticeship opportunities.” Stuart Dixon, Head of Development at Home Group Scotland, said: “Over the past few years Home Group has played an integral part in helping to energise parts of Glasgow through its development programme. The next phase of East Balornock and the development at Kennyhill Square in Dennistoun are a continuation of that programme, with more to follow. Working with Cruden Building West, we know these developments will deliver exactly what we and our customers want.”

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RENDALL & RITTNER SHORTLISTED FOR PRESTIGIOUS EMPLOYEE ENGAGEMENT AWARD

Rendall & Rittner, a leading property managing agent, is proud to announce it has made the final shortlist for The Employee Engagement Award in The Investors in People Awards 2021. In a record-breaking year for entries, with nearly three hundred organisations involved, Rendall & Rittner is proud of this outstanding achievement amongst tough competition. The Investors in People Awards celebrate the very best organisations and individuals from around the world across various organisational, people, wellbeing and leadership categories. Rendall & Rittner is committed to employing the best possible people for every role. Knowing that their employees are pivotal to the company’s success, being shortlisted for The Employee Engagement Award is testament to Rendall & Rittner’s commitment to delivering excellent property management. Catherine Riva, Director at Rendall & Rittner, comments: “Having already achieved a Platinum accolade – the Investors in People (IIP) standard, we are delighted to have been shortlisted for this prestigious award. This reflects the hard work and enthusiasm of everyone in our company from our on-site teams to those at our head office. It is great news that we have had the achievements of our employees recognised by an international awarding body. We are looking forward to The Investors in People Awards in November.” Paul Devoy, CEO of Investors in People, comments: “Now in our 8th year, it always makes me feel immensely proud to see so many fantastic organisations staking their claim to be the best. And every year, the entries do get more and more competitive and the judging even tighter. Reaching the final shortlist is a testament to the amazing commitment these organisations are making to make work better for their people, and they truly deserve this recognition.” The winners of The Employee Engagement Award will be announced at The Investors in People Awards online ceremony on the 23rd November 2021. For more information on Rendall & Rittner visit www.rendallandrittner.co.uk or for the full shortlist and more information about Investors in People visit www.investorsinpeopleawards.com.

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PLACES FOR PEOPLE LAUNCHES WOMEN INTO TRADES PROGRAMME – HELPING INCREASE FEMALE REPRESENTATION IN THE CONSTRUCTION SECTOR OVER THE NEXT THREE YEARS

Places for People Group has today launched a new initiative which will help young women establish careers in construction.  The Group is actively encouraging applications onto its Women into Trades programme – an initiative born out of a commitment to diversity and inclusion. It will offer currently unemployed women aged 18-24 in six geographical locations, career opportunities within the Group’s affordable housing businesses. The initiative is being delivered by Places for People in partnership with not-for-profit training company Ixion, the Positive Transformation Group – which connects ethical businesses together – and Women into Construction (WiC).  Cohorts will undertake an initial seven-week course, during which they will join Q&A sessions with female industry leaders, secure work experience, undertake online training, and be given a free toolkit to help them in their career pursuits.  Debi Marriott-Lavery is Group Executive Director – Affordable Housing for Places for People and said: “The UK construction sector is still incredibly male-dominated, with females making up less than 16% of the workforce. I believe that through positive action we can redress the balance, giving young women the skills and training they need to start their career in construction.  “This is an incredible sector to be a part of; within our Group we are creating and maintaining affordable homes in exciting new communities across the country. This is a great opportunity for young women to come and be a part of our journey, while also laying solid foundations for their future.” Upon their completion of the initial training programme, 12 graduates will be offered a two-year Level 2 Apprenticeship, working with Places for People Group’s construction repairs and maintenance departments. Following a performance-based review at the end of their apprenticeship, each candidate will then be offered a permanent position with Places for People. Trainees not moving onto the apprenticeship programme will also be supported long-term by Positive Transformation Group, which will help them find alternative training programmes. Kath Moore MBE, Managing Director of WiC said: “We are delighted to work alongside Places for People, a Group which shares our values and commitment to increase female representation in the construction sector. WiC is dedicated to changing the face of construction and is committed to developing new ways to support construction contractors to create lasting change in their businesses – this initiative is a great example of our work in action.”  Dan Brown, Founder of Positive Transformation Group added: “Positive Transformation Group is committed to systemic positive change in society with a meritocratic, inclusive and diverse workforce being at the forefront of our vision for the future. Having the opportunity to create powerful collaborations for change with forward thinking industry leaders such as Places for People, HACT and Ixion, really brings this vision of the future to life.” The news comes as Places for People also announced it has signed the Plentific Women’s Trade Network Pledge to further demonstrate its commitment to women in the industry, by removing barriers and providing access to job opportunities, support and training. Debi concluded: “Our Group is committed to establishing a more inclusive organisation, and these are just some of the initiatives we are undertaking right now to help underrepresented groups establish careers. I am proud to announce the programme and look forward to welcoming our trainees in the coming weeks.” The Women into Trades programme will be offered to applicants in Leeds, Derby, Edinburgh, Preston, Huntingdon and Milton Keynes. Applications can be made now by visiting https://www.ixionholdings.com/current-opportunities/women-into-trades-traineeship-for-18-24-year-olds/

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CACI REVEALS TOP 20 BTR LOCATIONS IN THE UK

CACI, the consumer and location intelligence specialist, has revealed the top 20 areas best to invest in for build-to-rent (BTR) schemes across the UK. The research highlights developments are proving increasingly popular with residents, as more and more consumers are attracted to BTR schemes because of the ease and convenience they provide. CACI’s data has unearthed significant opportunities outside London, with both Coventry in the West Midlands and Central Bedfordshire in the East of England achieving total ranking scores of 71% each for BTR investment potential.  The complete top 20 is: 1 Coventry 11 Cardiff 2 Central Bedfordshire 12 Maidstone 3 Aylesbury Vale 13 Arun 4 South Gloucestershire 14 West Lothian 5 Colchester 15 Barking and Dagenham 6 Milton Keynes 16 Manchester 7 Swale 17 Wealden 8 Sandwell 18 Peterborough 9 Ashford 19 Sheffield 10 Leeds 20 County Durham In London itself, Barking and Dagenham are the highest-ranking boroughs, largely driven by the rental income and quantity of potential customers.  The data also reveals there is a geographical pattern in London, with the biggest opportunity for BTR in the capital to the east and north of the city, largely driven by the underlying demographic of the area. More than £1.2 billion was invested into the UK’s BTR market in Q1 2021, the highest first quarter on record*.  To reflect the growing popularity of the sector, CACI’s BTR index has reviewed factors including rents, affordability, yields, volume of potential customers and population growth to create the ranking. Commenting on the research, Tolgar Necar, Managing Consultant at CACI said: “It’s clear from our ranking that the UK BTR market has established itself in a wide range of locations. The market is growing rapidly and destinations within the London commuter belt are becoming more appealing than ever for this younger generation looking for convenience and high-end schemes to live in. For more and more of these consumers, it is all about the ability to socialise as opposed to the size of the property, kerb appeal and having a garden are less important, which is reflective of their life-stage.” Managed services and facilities contribute hugely to the attractiveness of the schemes to prospective tenants, allowing developers to stand-out from the competition and achieve premium rental values, creating a win-win for developers seeking higher yields and renters happy to pay for these features.  Such premiums tend to gear developments towards higher-earning groups, often falling within CACI’s ‘rising prosperity’ Acorn segments, with aspirational ‘starting out’ groups also attracted by the ease and convenience that these managed schemes provide. CACI’s research has also identified the factors most relevant to such consumers when choosing a BTR location: proximity to friends, proximity to work, transport links, proximity to green space, the quality of local amenities (shops and F&B); and access to high-speed internet.  BTR schemes also typically offer high-spec units, with managed amenities and services – the best of which are highly targeted to the needs, wants and lifestyles of specific user groups and audiences. This latest index from CACI follows their latest research revealing the scale of demand for staycations in the UK this summer. * https://www.savills.co.uk/research_articles/229130/312837-0

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