L&Q completions up 7% in first half of the year

Fiona Fletcher Smith L&Q

Housing association giant builds over 2,000 homes in six months but prepares to reduce capital spend

Housing association giant L&Q completed construction of 2,151 homes in the first half of its financial year, up 7% on the 2021/22 figure.

Releasing results for the six months to September 30, L&Q said it now had 120,270 homes under management, up from 118,434 in March, and had turned over £533m in revenue – just £2m less than the prior year.

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