Legal & General is to start building affordable homes with the aim of delivering 3,000 a year by 2022. The firm said it will target affordable housing due to underinvestment in the sector. L&G is aiming to become the “leading affordable housing provider in the UK” by drawing on its £15bn investment programme, according to chief executive Nigel Wilson.The company’s head of affordable housing Simon Century said L&G offered a new solution for the sector that could take delivery pressure off housing associations.
Source: Construction News