Tackling the housing crisis and raising standards for all
Legal & General is a major UK housebuilder
We believe it is more important than ever that we deliver the houses that our society needs to address structural shortages across every dimension of the market. We are tackling the housing crisis head on, providing homes for all demographics, ages and tenures, whilst looking to make a positive socioeconomic impact on all communities where we build homes.
Through the wider Legal & General Group, together we employ the UK’s largest team of housing surveyors, support customers by providing housing insurance products, and operate the largest and longest running mortgage club in the UK, Legal & General Mortgage Club, involved in around one in five of all mortgages.
Our approach
We are building houses to sell and rent, modernising construction methods, providing lively retirement communities and seeking new ways to deliver affordable housing. Through our long-term investment in this sector, we seek to have a positive economic and social impact on the regions and communities in which we deliver our homes.
Sustainability
Housing is a major contributor to carbon emissions so requires some of the most radical and immediate overhauls of any industry.
In 2020 we developed a framework to measure the embodied carbon within our housing construction activities, which we are rolling out in 2021, and made the public commitment to enable all new homes we build to operate with net zero carbon by 2030.
Net zero carbon will be achieved on all new Legal & General homes through a combination of improved thermal building fabric and the use of environmental control systems, including low and zero-carbon technologies.
The UK’s first net-zero carbon retirement community
Through our partner Inspired Villages, we began construction of the UK’s first net-zero retirement community. Millfield Green, located in Caddington, central Bedfordshire, will bring forward 200 specialist age-appropriate homes with a Gross Development Value of £120m.
Our housing platform
Build-to-sell
Legal & General Affordable Homes
Legal & General Affordable Homes is building a combination of shared ownership and both social and affordable rented homes across the UK, to overcome the critical deficit in affordable housing by providing patient capital into the sector. It is pioneering institutional investment into the UK’s affordable housing sector, whilst providing excellent service and quality homes.
Cala Group
Cala Group is a major UK homebuilder, comprising Cala Homes and sister company Legal & General Homes, and is focused on building well-designed, high-quality homes in prime locations throughout the South of England, the Midlands and Scotland.
Build-to-rent
Suburban
The Suburban Build to Rent (SBTR) business launched in November 2020 to develop large-scale ‘single family’ rental communities in suburban locations across the UK. SBTR will partner with housebuilders to bring forward large-scale sites, as well as undertaking a direct delivery programme to deliver 1,000 homes each year by 2024. The SBTR housing schemes will be community focused and service-led, offering residents choice, security of tenure and flexibility − a level of offering widely unavailable in the wider residential market.
Urban
Legal & General’s Build to Rent (BTR) urban platform launched in 2015 and now has seventeen schemes in operation or development across the UK, delivering 6,000 homes for elective renters.
Later Living
Inspired Villages
Inspired Villages was established by Legal & General in 2017 and is operating retirement communities that enable their residents to live healthier, happier, safer, and more independent and active lives. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK.
Modern Construction
Modular Homes
Legal & General’s Modular Homes business is committed to helping tackle the UK's property crisis by using modern methods of construction to speed up delivery and drive up quality, setting a new standard for the housebuilding industry.
Media
Tackling the housing and climate challenges: Legal & General Affordable Homes’ Social Impact revealed
Legal & General’s Suburban Build-to-Rent business signs £150m Loan to deliver next generation of healthy homes
Delivering a step change in affordable housing supply
Case studies
Modular: Portholme Road, Selby
Portholme is a brand-new neighbourhood in the heart of historic Selby in North Yorkshire. All homes on the site were built in Legal & General’s modular housing factory. Offering a mix of high-quality 2/3-bedroom houses and 1/2-bedroom apartments, these new homes have been delivered in partnership with Selby District Council bringing new life to a former derelict site in the heart of the market town.
Get in touch
To find out more or speak to one of our team, get in touch.
Disclaimer
This video may contain certain forward-looking statements relating to Legal & General, its plans and its current goals and expectations relating to future financial condition, performance and results. By their nature, forward-looking statements involve uncertainty because they relate to future events and circumstances which are beyond Legal & General’s control, including, among others, UK domestic and global economic and business conditions, market related risks such as fluctuations in interest rates and exchange rates, the policies and actions of regulatory and Governmental authorities, the impact of competition, the timing impact of these events and other uncertainties of future acquisitions or combinations within relevant industries.
As a result, Legal & General’s actual future condition, performance and results may differ materially from the plans, goals and expectations set out in these forward-looking statements and persons reading this document should not place reliance on forward-looking statements. These forward-looking statements are made only as at the date on which such statements are made and Legal & General Group Plc. does not undertake to update forward looking statements contained in this video or any other forward-looking statement it may make.