The results from this research show that Scotland is falling behind the rest of the UK in terms of delivery in this sector, with rent controls and political uncertainty affecting investor appetite to fund and deliver Build to Rent homes.
Key Findings:
£3.2bn of investment in new homes is estimated to be “on hold” and “at risk”.
None of the investors surveyed believe Scotland is currently an attractive place to invest.
If the main Scottish cities had been completing BtR units at a similar rate to other leading UK cities, Scotland would now have around 15,000 additional new homes for rent.
Glasgow ranks 89th in the UK for rate of completed new rental homes. It should be 3rd based on a recent Colliers report.
Edinburgh is currently 72nd when it should be 2nd.