Salboy enters the build-to-rent sector with Everway Homes, planning 2,000 new units over five years. Learn what this means for UK sub-contractors.
Nationwide property developer and funding group Salboy has formally entered the build-to-rent (BTR) sector with the launch of a new dedicated brand, Everway Homes. Based in Manchester, the developer plans to build and manage 2,000 new rental properties over the next five years as part of its long-term growth strategy.
The move marks a significant shift for Salboy, moving beyond traditional build-to-sell developments into long-term residential asset management. The 2,000-unit pipeline will provide a steady stream of multi-phase residential construction projects, primarily focused on urban centers and key regional hubs across the UK over the coming half-decade.
While this commercial announcement does not directly alter over-the-counter shelf prices at trade counters like Screwfix or Toolstation, multi-year BTR pipelines of this scale directly impact local material supply and trade labor demand. Self-employed sub-contractors and tradespeople operating near these major developments can expect steady tendering opportunities for first- and second-fix work. However, large-scale commercial procurement for 2,000 units can periodically squeeze regional stock levels of core building materials, including timber, sheet goods, and first-fix plumbing and electrical supplies at trade merchants like Travis Perkins. Trades working in proximity to major Everway site footprints should plan material orders further in advance to avoid local merchant stockouts.
Large BTR commitments ensure sustained sub-contracting work for regional trades, but local merchants may experience localized demand spikes on core structural and fixing materials as major build phases commence.
Reported by Housebuilder & Developer — original article
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