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Legal & General Modular Homes announces that it has opened its brand-new modular show homes for the public to view at its Portholme scheme in Selby.
15 Jul 2021
102 highly efficient homes have been built using precision engineering and high-quality sustainable materials from Legal & General’s modular factory in Sherburn in Elmet. Delivering a mix of high-quality 2/3-bedroom houses and 1/2-bedroom apartments, it aims to enhance the urban fabric of Selby and create a thriving new neighbourhood in the heart of this historic market town.
The new homes at Portholme, which have been developed in partnership with Selby District Council, exceed nationally described space standards and have been carefully designed to achieve Energy Performance Certificate Standard A, currently only attained by around 1% of new homes. A combination of photovoltaic cells and high-quality build standards will bring significant energy savings for residents of the new homes. Materials are sustainably sourced and the sensitive landscaping at Portholme also adds to biodiversity.
The homes are located on Portholme Road in the heart of Selby town. Just a short stroll to the historic Selby Abbey and the town’s high street shops, supermarkets, traditional pubs and a lively selection of independent cafes and bars. Portholme’s at the centre of Selby life, and only a 10-minute walk from the railway station, with mainline trains to Leeds, York and a direct service to London.
The Portholme scheme includes up to 30% affordable housing and will showcase how innovation in the industry can bring a step change to UK residential development, whilst delivering a sought-after place to live for a wide range of buyers.
With a standardised approach to manufacturing, quality, efficiency and productivity is driven up, and costs are driven down. Modular construction offers an impactful solution to the UK housing crisis, supporting UK jobs and helping to meet the Government’s objective to build more affordable carbon-friendly housing. Together with this scheme in Selby and its other schemes in Bristol, Broadstairs and North Horsham, Legal & General Modular Homes’ pipeline is delivering 670 new homes.
There are two new fully-fitted show homes alongside the sales and marketing suite, which is now open to the public on Wednesday – Monday. Viewings are currently by appointment only via the website www.lifebuiltin.co.uk/portholme. The scheme is set for completion by the end of 2021, and first residents are looking to be welcomed into their new homes this autumn.
Rosie Toogood, CEO, Legal & General Modular Homes: "Having seen these new homes being developed and built in our factory just up the road by local employees, it’s great to see them in place and becoming part of a community. The show homes look fantastic and we can’t wait to welcome everyone to see the high-quality sustainable homes that we have created."
Lauren Kemp
Group Head of Corporate Media & Issues
Group Communications
T: +44(0)794 651 4627
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at HY24) of which c40% (circa £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 11 December 2024, Legal & General has a market capitalisation of 13.7 billion.
Legal & General Capital (LGC) is Legal & General Group’s alternative asset platform, creating assets for Legal & General Retirement and third-party clients in order to achieve improved risk-adjusted returns for our shareholders. LGC has built its capabilities in a range of alternative sectors, including in residential property; specialist commercial real estate; clean energy; alternative credit; and venture capital, which are all supported by long-term structural growth drivers, meet a financing gap, and respond to a scarcity of supply that is underpinned by enduring societal needs.