There was a further sign of the impact of low supply on the UK’s rental market today as build-to-rent landlord Grainger said its occupancy rate had hit a new high, just short of 99%.
The landlord — whose CEO Helen Gordon last month told the Standard the business would ‘benefit’ from fast-rising wages as the low levels of supply in the market force rents up as pay rises — reported that its properties were now 98.7% occupied, up from what were already record levels earlier in the year.
