Greycoat specialists discuss the UK’s current housing trends. The article “Single family housing rental market experiencing ‘significant growth’” discusses new findings from Knight Frank’s 2023 Single Family Housing Report showing unprecedented investor appetite in the UK sector. Investment into single family home (SFH) rentals soared to £1.9 billion in 2023, over five times the 2022 figure.
Major investors plan to commit £17 billion through 2029, potentially delivering over 60,000 new SFH units. A spokesperson from Greycoat Real Estate commented that robust demand affirms the sector’s strong fundamentals.
While still emerging, SFH housing can play a pivotal role in alleviating shortages, especially for suburban families across the United KIngdom. The report found that nearly half of the private renters reside in the suburbs and lack dedicated options. Greycoat Real Estate recognizes builders’ increasing openness to partnering on Build to Rent initiatives, which has fueled SFH investment growth.
New joint ventures with homebuilders have tremendous potential to scale up supplies across the UK. Greycoat adds how the five largest developers alone could deliver over 100,000 additional homes by allocating just 30% of planned plots for SFH communities.
According to Greycoat Real Estate Agency, Knight Frank’s analysis provides clear evidence of SFH real estate’s geographic expansion. While current stock concentrates in the North West, three quarters of future investment targets the high-growth South East and East Midlands. The willingness of major players to develop the untapped SFH sector bodes well for continued strong investment volumes.