Highlighted during the pandemic, the property industry saw a rise in rental demand for high-quality and well-located single-family housing. More recently, cost of living pressure fuelled by rapid inflation has further added to the same demand with viewing requests now often in excess of 20 viewings, for every available property. Next to this, changes to the way we now live, and work really do mean that this sector of the housing market continues to grow and is here to stay.
A single-family home is a standalone residential house, designed to be occupied by an individual household, and built for rental living. Single-family homes are typically situated in urban and suburban locations and consist of two, three, and four-bedroom houses in communities of up to 500 homes.
Choosing to purchase a home, particularly a newly built property is always an important decision and a real milestone for families. In the past, the only entry point into a new home was to buy, this is no longer the case, single-family homes are available with the flexibility of renting without any of the previous purchase barriers that were traditionally in place.
Renters often include young families who value flexibility and are attracted to all the benefits of new build family homes - being in communities near good schools and amenities suitable for the family. New build homes for rent are very popular amongst the younger demographic overall, 90% of occupiers are under 45 years old, compared to 51% of other rental housing options.
In the same way, buyers value the benefits of new build homes, so do renters. New houses are built to be energy and carbon-efficient meaning energy bills are likely to be lower and they include stylish fitted kitchens, high-quality flooring, sanitaryware and white goods. The space is designed with modern living in mind and all our new homes for rent also come with best-in-class management of the buildings and estate.
Dandara and some other Housebuilders across the UK are currently supporting the growth in the single-family housing market, after all buyers and renters want the same things - energy-efficient housing in well-located areas. Dandara’s developments are typically situated in exceptional commuter locations and nearby all the local amenities, such as green spaces, to be enjoyed by families.
At Dandara, we are currently delivering in excess of 500 single-family homes across our well-located sites, and we plan to do the same every year as we continue to develop multi tenure communities. Private renting is now an important part of the housebuilding sector and Dandara will continue to support.
Currently, our Dandara single-family locations include:
· Whitehouse, Milton Keynes
· Shenley Wood, Milton Keynes
· Towerlands Park, Essex
· Millers View, Essex
· Fontwell Meadows, West Sussex
· Latchingdon, Essex
· Dartford, Kent
Find out more