- 68% of tenants expected to remain renting in the next 3 years (Knight Frank Multihousing 2017)
- 80% of be:here Hayes residents want to stay “as long as possible” (be:here)
- Be:here Hayes offers long term renting solutions with 3-year tenancies
With Knight Frank reporting that the UK is set to become a nation of renters, it’s no wonder that the Private Rented Sector (PRS) or Build-to-Rent (BtR) is now worth a staggering £25 billion.
The Multihousing 2017 survey also reveals that tenants are looking to providers of rental accommodation who offer longer tenancies as 68% of tenants still expect to be living in the rental sector in three years’ time.
This figure confirms the recommendations made in the Housing White Paper released earlier this year to “ensure more longer-term tenancies are available in private rented schemes”.
As developers are encouraged to allow tenants to lock in for longer, a new era is dawning for renters.
Be Living Ltd’s developments in Hayes and East India are specifically designed for renters, and were developed following extensive consultation with tenants about how they want to live their lives and what they wanted from their landlord.
Be’s new be:here Hayes development, which launched in February, is located in the Gatefold Building in West London and offers tenancies for up to 3 years as standard.
According to a recent survey, 80% of tenants at be:here Hayes reported that they want to stay “as long as possible”.
‘Whilst renting is a deliberate choice for a growing number of people because of the flexibility it offers, we also recognise that tenants want the security of knowing that they have a place to call home for the long term. That’s why we offer 3 year tenancies at our sites with annual rent increases fixed in line with inflation.”
LaylaKausar, Property Manager at be:here Hayes
3 year tenancies are now available at be:here Hayes at The Gatefold Building, an award-winning development of 119 homes for rent.
The scheme is part of the wider redevelopment of the Old Vinyl Factory, which is bringing new homes, offices, retail and entertainment to the heart of Hayes on the site of the former EMI record factory and just 300 yards (3 minutes’ walk) from a brand-new Crossrail station.
With a full-time on-site caretaker, tenants at be:here Hayes are sure that their homes are well looked after.
Units are available from £1,150 pcm for 1-beds and £1,415 for 2-beds all with either a garden or balcony.