Premium residential lettings and management business Settio is expanding its suite of market-leading services into the Build-to-Rent (BTR) sector with the launch of Settio Living.
Headed by Samuel Fitz-Hugh, co-founder of Settio, the new offering will use the Manchester-based firm’s market expertise and huge tenant database to ‘bring something new to BTR’ by providing institutional investors and funds acquiring buildings with operational services including faster lease-up, higher occupancy rates and enhanced resident retention.
Currently, Settio is focused on the private residential sector (PRS) and supports more than 2500 individual landlord clients with UK residential investments.
Samuel and his team have started their drive into BTR by supporting the lease-up efforts of operators at key developments including Legal & General’s Slate Yard in Salford and Vita Group’s Union and Uhaus in Manchester.
Samuel said: “The BTR sector has accelerated at high speed over the past five years and, as with any new product or service, there’s a time to look back and identify what could be done better, more efficiently and more profitably.
“Settio Living can deliver that fresh and innovative approach and produce better results for investors and communities. Since our launch we’ve delivered huge new-build lease-up projects, consistently provided market leading service and amassed wide reaching resident data. Now is the time for our exceptional team to continue in our vision for greatness and step into the world of BTR.’’
With more than 42 staff at offices in Manchester, London and Singapore and plans to open in Birmingham in 2025, Settio has £525m-plus of property under management, moved in 1,620 tenants last year and shows no signs of slowing down.
In Greater Manchester, the team worked on Renaker’s 360 Tower in the summer of 2024 and is currently on 160 units of the developer’s latest Bankside scheme in central Manchester; the most recent phase of Middlewood Locks by Scarborough Group and Latimer’s High Definition development in Media City, Salford.
In West London, Settio has Berkeley Homes’ The Green Quarter, Hill Group’s Lampton Parkside and Far East Consortium’s Aspen Wharf in Canary Wharf.
In Birmingham, Regal Property Group’s South Central scheme is now occupied with Settio’s sights set on Berkeley’s Glasswater Locks later this year.
Samuel and Chris Parsonage launched Settio in Manchester in 2017, having relocated from London, where they worked with internationally renowned developers on large-scale sites in prime locations to meet the growing expectations of international clients.
Unlike a traditional agent, the premium, service-driven residential lettings and management business provides ‘total peace of mind’ to PRS clients by offering an ‘all-inclusive’ package covering an all-encompassing range of services from off-plan investment support right through to future resale, all supported by the latest property technology.
Taking a similarly innovative approach into the world of BTR, Settio Living intends on disrupting the market and striving for better.
