There is currently a severe housing shortfall in the UK. The country needs 250,000 new homes each year, a target that has been missed by 100,000 units annually in recent years. City living, modern working trends and the fact that people are living for longer is only exacerbating the problem.
Already, through LGC’s housing platform, we are developing more homes to buy, introducing a new standard in modern rental accommodation and tackling house-building supply through modular construction.
Looking ahead, we see retirement living and affordable accommodation as further areas for development. Overall, we have a vision to be a top ten homes provider by 2021.
LGC is committed to investing in housing across the spectrum including: Build-to-Sell; Build-to-Rent; Modular Construction; Retirement Living; Student Accommodation and Social Housing. The key market fundamentals includes: