Peabody housing association and Lendlease have signed contracts to build more than 11,000 homes at Thamesmead in south east London, a project valued at £8bn.

Peabody, which operates more than 66,000 homes across London and the south east, took over the Thamesmead estate five years ago. The housing scheme is home to 45,000 people and is perhaps best known for featuring in Stanley Kubrick’s dystopian film ‘A Clockwork Orange’.