L&Q quarterly completions drop by half

By Matilda Battersby 2023-08-10T11:09:00

The 105,500-home housing association is investing £3bn in a programme of repairs and remediation

Housing association giant L&Q has reduced the number of homes it is building by nearly half in the last financial quarter as it scales back development activity.

L&Q completed 701 new residential homes in the three months to 30th June 2023, a drop of 46% on the 1,295 completed in the first quarter of last year.

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