Legal & General acquires modular homes scheme in Bristol (GB)

Legal & General acquires modular homes scheme in Bristol (GB)

Legal & General Modular Homes has acquired and started on-site at a major modular homes scheme in Lockleaze, Bristol. The scheme, which has been developed in conjunction with Bristol City Council, is set to deliver 185 new homes, comprising two- to four- bedroom houses along with one- and two-bedroom apartments developed on land at Bonnington Walk. Show homes are scheduled to be onsite and available to look around as early as this Summer.

 

This modular scheme will create some of the most energy-efficient homes in the country with all homes achieving an energy performance certificate (EPC) standard A. The combination of Air Source Heat Pumps, Photovoltaic Cells and high-quality build standards will put them in the top 1% for energy performance meaning significant energy savings for its residents. 50% of the homes will be delivered as affordable housing and it is intended that these become part of Bristol City Council’s affordable housing stock.

 

As well as providing much-needed homes, the proposed development at Bonnington Walk will see improvements made to adjoining areas of the site as part of a long-term plan for investing in Lockleaze. This includes new allotment patches and accessible green open space will be introduced to complement the existing community orchard, a new local community hub will be built, and walking, cycling and road improvements will be made.  With the importance of quality housing and more green space having been emphasised over successive lockdowns, modular construction is offering an impactful solution, meet the government’s objective to build more affordable, carbon-friendly housing.

 

Rosie Toogood, CEO of Legal & General Modular Homes said: “Acquiring and beginning construction on Lockleaze is an exciting milestone for the business as we see our modular homes becoming part of communities across the UK. The modular construction sector is transforming the way homes are built and addressing the housing shortage. This forms part of our purpose of investing society’s capital for society’s benefit. The housing crisis is a human crisis and only more important as part of the UK’s post-pandemic recovery, and as people become more aware of the link between their health and wellbeing, and their homes and supporting communities.” 

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