20 Nov

Legal & General agrees tie-up to build 3,500 affordable homes

UK insurer to work with 14 housing associations in attempt to ease property crisisThe UK insurer Legal & General has teamed up with 14 housing associations to build 3,000 affordable homes annually, as official figures show a 22% rise in the number of affordable homes delivered in England in the past year.The insurance and pensions firm set up an affordable housing business in April 2018 and has built up a pipeline of 3,500 homes to be constructed across the UK over several years, backed by a £750m investment. Just over half of them will be shared ownership and the rest affordable or social rent. Continue reading…

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