The profit-making affordable housing business set up by insurance giant L&G is looking to build a greater proportion of its homes itself using its sister company’s modular factory, rather than rely on section 106, its chief executive has said.

For-profit provider L&G Affordable Homes (LGAH) is looking to reduce the proportion of its homes it acquires through section 106 planning gain from three quarters of its portfolio to two thirds, Ben Denton told Housing Today in an exclusive interview.

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