Legal & General announces plans for 200 lower cost homes for rent as part of £1bn, 2,750 home master plan for North Horsham
North Horsham will be Legal & General's first major multi-tenure site, bringing together its Suburban BTR (SBTR), affordable and modular housing platforms.
Legal & General announces that is has submitted plans to deliver its first SBTR scheme as part of its £1bn multi-tenure site in North Horsham. Bringing together its Build to Rent, Affordable Housing and Modular Homes businesses, Legal & General seeks to deliver 200 new homes which will be an exemplar in sustainable and affordable family accommodation, forming part of Legal & General’s 2,750 home master plan for North Horsham. The scheme will use modern methods of construction to accelerate the delivery of the site whilst minimising its environmental impact.
If granted planning permission, Legal & General’s £70 million scheme in North Horsham will deliver 124 Suburban Build To Rent homes, alongside 97 homes for social rent, affordable rent and shared ownership. The SBTR development is focused on lower cost housing for families, meeting the need identified in the council’s Local Plan, which states: “the cost of housing is high which can make it hard for [families] to stay or move back to the District’. The scheme will offer a high proportion of two and three bed houses which are most suited to families in the area.