Build to rent

At Forsters we have a large and dynamic real estate team, with a deep knowledge and understanding of the lifecycle of the Build to Rent (BTR) product. Engaging lawyers who understand the market as well as the most effective ways to structure deals and avoid pitfalls, will secure the value of your development and investment.

We provide straightforward and smart advice, tailored to your business goals. We understand that need to drive deals over the line, finding solutions as needed.

The Build to Rent Sector

The BTR platform continues to go from strength to strength in the UK as a recognised asset class. With demand consistently continuing to outstrip supply, house builders and developers alike are continuing to obtain consents and to deliver new product, in increasingly creative ways, at the same time meeting ambitious planning targets for delivery of affordable housing.

As stabilised assets become available on the market, we are also seeing an increase in the trading of these assets alongside the more traditional forward funding delivery model.

Although yields continue to lag behind those in other income backed sectors, the long term and often secure nature of income returns is continuing to attract investors who are looking to diversify their portfolios.

What we advise on

  • Development and forward funding of schemes.
  • Structuring of platforms for operation of schemes including propco/opco models.
  • Planning advice from application stage through to complex Section 106 Agreements which often include viability testing and review.
  • Tax advice including efficient structuring to mitigate risk in BTR schemes.
  • Golden brick disposals to affordable housing providers in relation to the required affordable housing element of a scheme.
  • Construction advice including the more traditional design and build model alongside construction management packages and investor protection via warranties and latent defects policies.
  • Buying and selling of stabilised assets.

Podcast: Insights into Build To Rent

On our latest More Than Law podcast, host Miri Stickland is joined by three members of our Build To Rent group who provide their insights into the sector.

A mobile phone and earphones, ready to listen to our podcast.

Fire Safety and Cladding Podcast

Podcast host, Miri Stickland, talks to Construction partner Andrew Parker, associate Dan Cudlipp and Property Litigation associate Sarah Heatley about the findings and recommendations so far from the ongoing Grenfell inquiry, new legislation coming forward in the form of the Building Safety Bill, practical issues being encountered on sales and refinancings of high-rise residential units and what options may be available to cover the costs of any remediation works required.

An image of some modern cladding on a building.

Planning Reforms: True revolution or plus ça change…?

Podcast host, Miri Stickland, is joined by Head of Planning, Partner Victoria Du Croz, and senior associate, Laura Parrish, to discuss the impact of recent changes to the Use Classes Order and Permitted Development Rights as well as further planning reforms which are still to come.

Podcast: COVID-19 and the Real Estate Market

A day in ten tweets- the UKAA BTR Conference 2019

31st October 2019 was not necessarily as auspicious as expected by many, but it was a day of discussion on build to rent at the UKAA annual conference.

Wellness in the BTR Sector- roundtable résumé

On 4 July, representatives from arguably the majority of the UK’s Build to Rent sector assembled at the offices of Ashurst for a roundtable to discuss “Beyond the Hype: The Real Importance of Wellness in the BTR Sector”. Here are some thoughts on a wide ranging discussion (held under Chatham House Rules).

BTR Annual Bisnow Conference: key highlights

Weren't at the BTR Annual Bisnow Conference? Here’s what you need to know.

Our Insights

"Best in the business’ according to some, Forsters LLP is praised for its ‘extremely sophisticated client skills, quality of service."
Legal 500 UK