The Private Rented Sector has been a significant feature of the residential property market in England for many years. That asset class has since been refined into a number of specialist sub-sectors. Our expert team advises clients looking to invest in these alternatives as they grow in Scotland.
Benefits we can offer
Build to Rent (BTR) schemes are specifically designed for tenants, with extended communal facilities that are created to command a rental premium or allow the scheme to stand out from a crowded private rental market.
The expert team at Morton Fraser MacRoberts understands the nuances of the BTR market.
We have advised on schemes in Scotland and across the UK involving private, mid-market and affordable rents, and we have teams of experts in the areas of real estate, housebuilding, construction, planning, banking and environmental law, meaning we can handle any BTR project in Scotland regardless of the complexity or scale.
These projects include:
- Multi-family developments
- Co-living developments, e.g. purpose-built student accommodation (PBSA)
- Single Family/Suburban developments
Each sub-class targets different renters and therefore has different site requirements, but all of them remain comparatively new alternative investment classes in Scotland.
The reversionary value underpinning the investment, coupled with the large pool of potential tenants offering comfort of income stability means that many institutional funds are now looking at the asset class very carefully.
