The British Property Federation (BPF) has announced a 35% increase in Build-to-Rent (BtR) planning consents over the past year, according to its latest analysis conducted by Savills. The analysis also reveals that the total number of completed BtR homes has now surpassed 123,000, with investment volumes for BtR reaching £5bn in 2024. However, the BtR sector continues to face challenges in converting planning consents into construction output, with the number of new homes under construction decreasing by 18% since Q4 2023. The BPF and the Association for Rental Living (ARL) have also established a BtR Taskforce, aimed at promoting the growth of the BtR and single-family rental sectors, protecting consumers, and facilitating public-private partnerships to increase the provision of new homes in the UK. The Taskforce will consider the implementation of a consumer code and the creation of a BtR Code of Practice and Customer Charter, meeting regularly over the next 18 months.