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Industry leaders call for “new era of trust” to unlock Build to Rent delivery

Senior investors and local authority leaders have called for a fundamental reset in how Build to Rent (BTR) schemes are delivered, warning that a lack of trust and alignment, not capital, is the primary barrier to new housing delivery. 

The conclusions come from a high-level roundtable hosted by the ר (ARL) at UKREiiF 2026, bringing together key public and private sector stakeholders. 

Despite strong investor appetite for UK rental housing, participants agreed that misaligned expectations, policy uncertainty and viability pressures are preventing schemes from progressing.  

A central issue is the tension between affordability and investment returns, exacerbated by rising construction costs and fixed policy requirements. Attendees warned that, in some cases, current approaches to affordable housing are preventing schemes from coming forward at all.  

Investors also highlighted the importance of stable, long-term local authority strategies, noting that changes in direction or political leadership are seen as material risks. Where planning frameworks are uncertain, capital will move elsewhere. 

At the same time, local authorities emphasised the challenges of navigating political decision-making, legal obligations and competing housing demands. 

The roundtable identified a clear knowledge gap between sectors, with limited understanding of each other’s constraints leading to unrealistic expectations and stalled negotiations.   

Participants also noted that limited understanding of BTR among elected members is contributing to slower approvals and negative perceptions.  

Despite these challenges, there was strong consensus on the role BTR can play in addressing the housing crisis in delivering high-quality, professionally managed homes at scale, supporting mixed communities, and enabling faster delivery than traditional models.  

The roundtable called for: 

  • Greater policy certainty and consistency 
  • More flexible approaches to viability and affordable housing 
  • Clearer, more predictable planning frameworks 
  • Stronger risk-sharing partnerships between investors and local authorities 

The message was clear: unlocking delivery requires a shift from transactional relationships to long-term, trust-based partnerships.