Landmark Legal & General partnership to deliver 3,000 new affordable homes
Lovell Partnerships and Legal & General (L&G) Affordable Homes (Legal & General) have formed a pioneering collaboration to increase the delivery of affordable homes and mixed tenure sites.
The partners have committed to deliver a target of 3,000 multi-tenure properties across a five-year period, with all new housing forming part of its commitment to deliver homes which are operationally net zero carbon in from 2030.
Legal & General will focus on delivering new affordable homes, including shared ownership, social and affordable rent, and Lovell is bringing its open market and build expertise across all tenures. Furthermore, both organisations are looking to maximise opportunities for suburban build to rent, later living and off-site manufacturing, introducing their wider group resources.