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New project sees L&G Modular Homes create new jobs
Legal & General Modular Homes has partnered with Town & Country Housing to acquire a site in Broadstairs, Thanet, Kent, for the development of 153 modular homes. Together with its schemes in Selby, Bristol and North Horsham, this latest acquisition brings Legal & General Modular Homes’ pipeline to 670 new homes. Up to 300 new jobs are set to be created by the year end across its production and logistics business areas in order to meet the growing pipeline.
The Broadstairs scheme, which will be funded by Homes England, will deliver 153 affordable two, three and four bed houses for shared ownership and social rent. The homes will be offered through Town & Country Housing’s trading brand, Love Living Homes.
All homes have been designed to achieve an Energy Performance Certificate (EPC) ‘A’ rating, a standard met by only around 1% of new and existing dwellings in England & Wales. Improvements will also be made to the local area, including the creation of a woodland walk and the planting of 8,500 trees.
From its factory in Sherburn-in-Elmet in Yorkshire, Legal & General Modular Homes has ambitions to build its annual housing delivery to 3,000 modular homes a year in 2024.
Rosie Toogood, chief executive officer, Legal & General Modular Homes, said: “In a post-pandemic environment, the importance of delivering affordable, carbon-friendly homes, set within green open spaces and at the heart of a well-connected local community has moved to the top of the agenda. Through modular construction, Legal & General is able to deliver all of this and in half the time of traditional methods. With our delivery pipeline now for 670 homes, the business is making great steps forward.”
Colin Lissenden, development director at Town & Country Housing, added: “Town and Country Housing is part of the Peabody Group. We own and manage nearly 10,000 homes in Kent and with a large growth plan accelerating to 800 homes per year we are keen to explore innovative ways to provide much needed affordable housing in Kent.
“We are delighted to have secured grant funding from Homes England which has really helped to bring our joint vision to reality. Modular homes are an exciting approach to the UK’s house-building market, that delivers a fast, efficient, sustainable, and affordable options to local communities.”