TfL to start search for build to rent partner

By Jordan Marshall2018-09-13T15:25:00

Limmo peninsula site transport for london

The transport authority is looking to develop more than 3,000 build to rent homes

Transport for London is preparing to start its search for a private partner to help deliver more than 3,000 build to rent homes on land it owns.

At least 40% of the new properties will be affordable, with the build to rent schemes set to contribute toward TfL’s commitment to deliver 50% affordable housing across its portfolio of sites.

The transport authority said using a build to rent approach would allow homes to be delivered more quickly and allow TfL to retain a long term interest in the future development of its significant property estate. and create a stable long term income stream with prospects of long term growth.

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