This research by the BPF, Savills and L&G highlights the significant change underway in the Private Rented Sector (PRS). In it, we explore the loss of rental homes out of the market at a much faster rate than they are being acquired, resulting in an estimated 290,000 home lost from the PRS since 2021, and the effects of this loss on renters. The research also points to the Build-to-Rent (BTR) market as a crucial solution alongside individual landlords, and the need for supportive policies that provide for increased BTR homes and stem the loss of individual landlords from the market.