Legal & General has been in business since 1836 and has established itself as a market leader in areas such as life insurance and occupational pension plans. The group launched its Modular Homes business after recognising the need for new solutions to tackle the UK`s housing crisis. We work closely with the company`s other residential divisions, such as the Construction for Rent and Affordable Housing teams. Legal & General has a strong track record in the real estate sector, investing in urban regeneration, financing affordable housing and now building modular homes. With a standardized manufacturing approach, quality, efficiency and productivity are increased and costs are reduced. Modular construction provides an effective solution to the UK`s housing crisis, supports employment in the UK and helps achieve the government`s goal of building more affordable and carbon-friendly housing. With this project in Selby and its other projects in Bristol, Broadstairs and North Horsham, Legal & General Modular Homes` pipeline delivers 670 new homes. Homes tick all the boxes on the sustainability front. From its Sherburn-in-Elmet plant in Yorkshire, L&G Modular Homes aims to build 3,000 modular homes a year by 2024, bringing “rapid and disruptive change” to home construction. This included a project in Littlestone in Kent since the end of the year and last week a major deal to build 400 houses for Wolverhampton City Council. The UK property market is facing serious challenges and we believe it is time for a new approach. Using precision techniques inspired by industries such as automotive and construction, we are building modular homes that we hope will be at the heart of happy and sustainable communities. Rosie`s experience with aerospace and engineering company Rolls-Royce means she has a history of running a manufacturing company focused on designing and developing innovative new products.
She is the voice of our approach to designing, manufacturing and building modular homes. According to Toogood, the clientele of these new modular homes is not only first-time buyers. The pandemic has also led to an increase in requests from younger families and older couples looking to downsize. As the company ramps up operations in its L&G Modular Homes division, its managing director, Rosie, is offering Toogood Property Week an exclusive tour of its main factory in Yorkshire and a test development site in Selby, 20 minutes from the factory, where it is building 102 homes. About 500 homes are under construction and 450 under construction — and Toogood says another 700 are in the works and will enter the planning phase in the second quarter of this year. Modular Village: One of Selby`s 102 show houses, not far from the L&G factory The houses are located on Portholme Road, in the heart of Selby town. A short walk to historic Selby Abbey and shops, supermarkets, traditional pubs and a lively selection of independent cafes and bars. Portholme is at the centre of life in Selby and only a 10-minute walk from the train station, with long-distance trains to Leeds, York and direct links to London. The new homes in Portholme, developed in partnership with Selby District Council, exceed nationally described space standards and have been carefully designed to meet Energy Performance A standard, which is currently only achieved by about 1% of new homes. A combination of photovoltaic cells and high-quality building standards will allow residents of new homes to achieve significant energy savings. The materials are sustainably sourced and Portholme`s sensitive landscaping also contributes to biodiversity. Would you like to buy one of our houses? Visit www.lifebuiltin.co.uk It`s safe to say that L&G`s modular arm got off to a slow start when it launched in 2016.
The company poured tens of millions of pounds into setting up the operation, but ran into a number of start-up issues while dealing with the best manufacturing of the homes. In addition to the sales and marketing room, which is now open to the public from Wednesday to Monday, there are two new fully equipped show houses. Tours are currently only www.lifebuiltin.co.uk/portholme by appointment via the website. The project is expected to be completed by the end of 2021, and the first residents aim to be welcomed into their new homes this fall. 102 highly efficient homes were built using precision engineering and high-quality sustainable materials from Legal & General`s modular factory in Sherburn, Elmet. With a mix of quality 2/3 bedroom homes and 1/2 bedroom apartments, it aims to enhance Selby`s urban fabric and create a thriving new neighbourhood in the heart of this historic market town. The agreement to acquire a location in Broadstairs for affordable supplier Town & Country Housing brings L&G Modular Homes` pipeline of factories to 670 homes, including additional sites in Selby, Bristol and North Horsham.