L&G Modular strikes deal to build 1,000 affordable homes

Aaron Morby 2 years ago
Share

Legal & General Modular Homes has teamed up with Hampshire housing association Vivid to deliver over 1,000 affordable modular homes over the next five years.

L&G will build up to 300 net zero homes a year for housing association
L&G will build up to 300 net zero homes a year for housing association

The partnership aims to deliver up to 300 net zero carbon homes per year in the south east working helping to address the energy and housing crisis.

L&G Modular said its homes are 60% more efficient to run for the home owner than a Building Regulation compliant new build home and the apartments are up to 30% cheaper to heat and run than the average apartment.

The joint venture will deliver its first homes in 2023.

L&G’s modular arm was also recently selected by the City of Wolverhampton as preferred partner for the development of around 400 homes in the city.

Eventually, L&G aims to deliver several thousand homes a year as part of the industry drive to deliver 75,000 homes a year via MMC.

Rosie Toogood, CEO of Legal & General Modular Homes, said: “We are delighted to be working with Vivid. Our partnership brings together two like-minded organisations with shared values and objectives to deliver much-needed high quality affordable homes that will make customers feel safe, comfortable, and enjoy where they live.”

Latest news

Alun Griffiths to “restructure and resize” after £95m loss

Redundancies due to be announced at Welsh civils contractor
11 hours ago

Balfour Beatty profit dented by £83m building safety hit

Increased order book at £18bn secures growth over next two years
18 hours ago

Expanding utilities specialist Ipsum buys Matrix Power

Power engineering contractor takeover will strengthen offer in North East
17 hours ago

Historic scaffolding firm files administration notice

Hertfordshire based Rodells has been trading since 1898
18 hours ago

Planning Bill to have “seismic” impact on construction

Building-boosting reforms go before Parliament
1 day ago

Briggs & Forrester hits record revenue and orders

M&E specialist rebounds with strong growth across three divisions
19 hours ago

Man Utd confirm plan for £2bn ‘super-tent’ stadium

Club to press ahead with 100,000-seat 'Wembley of the North'
2 days ago

Government spending keeps profits edging-up at Kier

91% of work now with public sector and regulated companies
2 days ago

Costain on track for step change to 5% margin

Alex Vaughan says order book has jumped £1.5bn to £5.4bn
2 days ago

Mace tops February contracts league

Confirmation of £300m London Victoria Street project lifts firm to pole position
2 days ago

Wates raids Laing O’Rourke for new construction operations chief

George Mosey leaves Laing O'Rourke after 16 years
2 days ago

Travis Perkins CEO Pete Redfern steps down due to ill health

Redfern joined builders' merchant last year after 14 years at Taylor Wimpey
2 days ago

Morgan Sindall wins £61m Liverpool lab scheme

Construction to start this Autumn on latest Knowledge Quarter project
2 days ago

Glencar to build timber-framed office block

Work to start next month on 79,200 sq ft scheme in Maidenhead
3 days ago

Shed specialist Marbank files administration notice

£67m turnover portal-framed building specialist files court notice
3 days ago

Birmingham council submits £1bn Druids Heath plan

High rise estate to be replaced by-3,500 home eco village
3 days ago

Cannabis farm gang posed as utilities contractor

Gang jailed for 28 years after diverting power to more than 100 cannabis farms
5 days ago

Firm fined after workers climb scaffold without ladder

HSE investigation prompted by death on Liverpool site
3 days ago

Clancy renews £250m Southern Water deal

Contractor vows to maximise value for money and minimise disruption
3 days ago

McLaren go-ahead for 314 flats Watford scheme

Police station and magistrates court to be demolished
3 days ago

Former Liverpool mayor charged in building contracts probe

Construction bosses also charged as part of Operation Aloft
6 days ago

Bidding to start for £700m Irish sea interconnector work

Work includes converter stations at Hunterston and Kilroot near Belfast
6 days ago

Muse to redevelop Durham County Hall HQ site

Morgan Sindall regen specialist seals another major development deal
6 days ago

Mace to transform Imperial College Great Hall

Work to start next month on ambitious refit
6 days ago

£100m plan to regenerate former Digbeth ironworks

Hartwell unveils 260,000 sq ft office and 240 homs plan
6 days ago

Legendre UK wins £21m London homes job for Clarion

Tower Hamlets building to be replaced due to building and fire safety issues
6 days ago

Construction buyers report fastest downturn since 2020

Double whammy of decreasing new orders and delayed projects
7 days ago

Bidders day for £15bn schools alliance framework

Online event to set out details of DfE alliancing framework procurement plan
7 days ago

MPs told safety regulator delays forcing industry job cuts

Industry chief warns housing select committee that BSR is now a main block on meeting housing targets
7 days ago

£600m delivery partner named for new hospital programme

Mace/T&T JV named programme delivery partner for £37bn new hospital plan
1 week ago

Contractor services