Lloyds Living has taken another step towards becoming one of the UK’s largest private landlords by buying 980 new homes across 14 developments in England.

The acquisition brings the banking group property firm’s total portfolio to more than 8,850 homes.

The latest BTR properties - built by Barratt Redrow - comprise a mix of one, two, three and four-bedroom single-family homes in Nottinghamshire, Merseyside, East Anglia, the West Midlands, and Cambridgeshire/Northamptonshire. They all have an EPC rating of B or above, with many featuring air source heat pumps for heating and hot water. All properties will be managed by Lloyds Living’s in-house property management team.

This is the third large-scale portfolio transaction between the two firms. To date, Lloyds Living has acquired more than 3,000 homes from Barratt Redrow; last summer it bought 598 two, three and four-bedroom single family homes across 11 sites.

Delivery

The portfolio creates a pipeline of homes for delivery between now and the end of 2029, with the first homes expected to become available to rent from the Autumn at Hampton Beach, Peterborough and Burleyfields, Stafford.

In 2021, the group announced ambitious plans to acquire 50,000 BTR properties by 2030 to become the UK’s biggest landlord.

CEO Matt Burgess says: “We continue to grow our portfolio of rental and shared ownership homes with quality properties offering the features people expect, professionally managed by us to deliver the service they expect.”

The UK build-to-rent sector attracted £2.2 billion of investment in Q2 2026, marking the strongest second quarter on record, according to Savills which reports that halfway through the year, total 2026 investment was already ahead of the end of Q3 totals recorded in 2023, 2024 and 2025.

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