The Slate Yard, Greater Manchester

This is a bespoke, 225 unit scheme that offers a positive choice for those who choose to rent – offering residents a lifestyle that they would otherwise not have access to, even if they owned their own home.

The Slate Yard in Salford

This is a bespoke, 225 unit scheme that offers a positive choice for those who choose to rent – offering residents a lifestyle that they would otherwise not have access to, even if they owned their own home. Through significantly reduced energy costs and no letting fees, residents can save around £150 per apartment with longer and more flexible tenancies, ranging from six months to five years. Residents can also decorate their own homes and keep pets – options traditionally only linked to home ownership - with a readily available handyman able to do any alterations for them.

A new level of service will allow for all types of tenants’ needs and give them choice. This means that families can benefit from helping their own pets, having a community around them, and occupational security from flexible finances

Ban Batterton, BtR Fund Manager, LGIM Real Assets

£60m

into building purpose built private rental housing across the UK

1,000

new homes provided in The Slate Yard

26%

are retirement age tenants

September 2017

Partners in first build-to-rent scheme

Urbanbubble, the residential property managing agent, help deliver a new standard of service to the UK rental market. L&G’s first build-to-rent (BTR) scheme, The Slate Yard in Salford, opens in early summer 2017.

March 2017

A new level of service for all types of tenants

This new level of service will allow for all types of tenants’ needs and give them choice. This means that families can benefit from keeping their own pets, having a community around them, and occupational security from flexible tenancies. This new standard will help make renting an active choice for all UK residents. 

February 2017

A kick start to renovation

£60 million multi-stage development in Salford with the council, which will result in just under 1,000 new homes being built. We’ve also agreed to fund the new Council offices for Salford, and to pump prime other commercial developments in the area. This is a significant investment in Salford, and will help to kick off the city’s regeneration.

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