Press releases
New Warminster site takes Legal & General Modular Homes pipeline to over 800 EPC-A rated homes
Legal & General Modular Homes is proposing a new neighbourhood of innovative modular homes at Bore Hill Farm in Warminster. The plan, the first of its kind in Wiltshire, would deliver 95 highly sustainable, energy efficient and affordable homes on the site which is allocated for residential development in the Wiltshire Council plan.
15 Dec 2021
Legal & General Modular Homes’ innovative approach to housing delivery has gained significant momentum within the marketplace, with the business commencing construction on sites at Selby, Bristol and Broadstairs during the year for the delivery of 450 homes. Having also acquired land at Littlestone, Kent, North Horsham and Warminster the business is currently seeking planning permission to deliver a further c.400 homes across these three sites, with construction expected to commence early in 2022. Opportunities are also being surfaced to deliver thousands more homes over the next three years across the country.
Legal & General Modular Homes are leading the way in the delivery of high quality affordable and sustainable homes with each home achieving a minimum of Energy Performance Certificate (EPC) “A” by design. Currently fewer than 2% of new-build homes in the UK achieve this high standard. The combination of air source heat pumps and solar panels results in homes that are highly efficient with a greatly reduced carbon footprint both during construction and across the lifetime of each home. It also means significantly reduced heating bills for residents.
Rosie Toogood, CEO, Legal & General Modular Homes: "Our innovative approach is bringing high-quality modular homes that are comfortable, sustainable and affordable to the market. We are delighted to have made such an impact on the market in 2021 and are looking forward to adding to our growing delivery pipeline in 2022."
For further information
Lauren Kemp
Group Head of Corporate Media & Issues
Group Communications
T: 07946 514 627
Notes to editors
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 management1 of which 40% is international. We have a unique and highly synergistic business model, which continues to drive strong returns. Legal & General provides powerful asset origination and management capabilities directly to clients, which also underpin our leading retirement and protection solutions. We are a leading international player in Pension Risk Transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our purpose is to improve the lives of our customers and create value for our shareholders. Through inclusive capitalism, we are investing in long-term assets, such as real estate and infrastructure, that can help build a better society for the future.
1Data as at 31 December 2023.
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.