Affordable housing association to deliver 3,500 homes with 14 key partners

Legal & General Affordable Homes has partnered with 14 housing associations and providers to form a panel which will lead its housing operations across the UK.

The panel could bring local knowledge and the established infrastructure to support Legal & General in delivering its pipeline of 3,500 affordable homes.

Today’s (November 20) announcement follows a two-stage tender process, launched in March 2019, which received 140 expressions of interest.

Legal & General has selected partners with regulatory ratings of V1/G1, who have supposedly demonstrated a commitment to deliver ‘vital’ customer services to residents.

The selected panel consist of; RHP, Optivo, Jigsaw, Flagship, Karbon Homes, Great Places, Chelmer Housing Partnership, Accord, Pinnacle, Stonewater, Regenda, Saxon Weald, Coastline and Raven.

Ben Denton, managing director at Legal & General Affordable Homes, said: “After a rigorous tender process, focusing on the quality and customer service offering of 140 UK-wide housing associations, we have now established an experienced panel of management partners.

“With residents already moving into our first schemes, this represents another milestone as we continue to pioneer the Institutional Registered Provider model.

“There is an urgent need to keep innovating in this sector and to provide quality, stable homes for the 1.1 million households on waiting lists in England.”

Legal & General is delivering social, affordable rental and shared ownership homes, within Section 106 agreements and grant supported homes. Its selected panel manages in excess of around 300,000 affordable homes.