The BTR Alliance, formed of Real Estate:UK and the Association for Rental Living, has created the code to provide a “clear, verifiable standard of accommodation” for both residents and policymakers.

It has received an expression of support from a number of firms, including Grainger, Greystar, Get Living, Quintain and Legal & General.

The code is built around a “charter of commitments” for stakeholders to abide by.

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These include:

• fair and reasonable renting
• high-quality, safe homes
• sustainability and decarbonisation
• professional, accountable service
• community and wellbeing
• transparency and governance
• championing the Code

“This not only reflects the ambition of BTR to be seen as the consumer destination of first choice, but also in playing a leading industry-led role in driving up standards and outcomes across the whole sector,” said Danny Pinder, director of policy at Real Estate:UK.

“This new code is more than just a set of measures for technical compliance, it is about shaping the culture of the industry to deliver excellence for residents while also setting and leading high standards across the housing sector,” he added.