Legal & General acquires major modular homes scheme in Broadstairs, Kent
Factory pipeline grows to 670 homes.
Legal & General Modular Homes announces that it 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 success brings Legal & General Modular Homes’ pipeline to 670 new homes. It will be creating up to 300 new jobs by the year end across its production and logistics business areas in order to meet this ambition.
Working alongside RP partner Town & Country Housing, the scheme, located on Poorhole lane, which will be funded by Homes England, will deliver 153 affordable homes for shared ownership and social rent. A range of two, three and four bed houses will be offered through Town & Country Housing’s trading brand, Love Living Homes (www.lovelivinghomes.co.uk). 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.
As well as bringing much needed new, high-quality, affordable homes to the area, the scheme will see improvements made to the local amenity, including the creation of a woodland walk and the planting of 8,500 trees.
Please read the full press release here