L&Q: Building Quality Homes with a Social Purpose
Based in London, L&Q is a regulated charitable housing association and one of the UK’s most successful independent social businesses. With a commitment to social purpose at the core of its operations, L&Q has become a cornerstone of the housing sector, providing homes for approximately 250,000 people across more than 95,000 homes, primarily located in London and the South East.
History and Expertise
Founded during the 1960s amidst the backdrop of a growing social consciousness regarding housing and homelessness, L&Q was part of the 'new wave' of housing associations aimed at addressing critical housing needs. Over the decades, the organization has honed its expertise in creating quality, affordable homes tailored to the most vulnerable members of society. Their extensive experience has made them a leader in the development and management of homes that not only meet the needs of residents but also enrich the communities they serve.
Achievements and Notable Projects
L&Q has achieved numerous accolades for its innovative approach to housing and community development. The organization is on a mission to tackle the housing and affordability crisis by pledging to build 100,000 new homes over the next decade. Of these, 60,000 homes will be constructed or funded directly by L&Q, with at least 50% designated as genuinely affordable, particularly in London. Notable projects include:
- The Chain by L&Q in Walthamstow, offering homes starting from £490,000.
- Barking Riverside by L&Q, with properties available from £270,000.
- Kew Bridge Gardens in Gunnersbury, priced from £510,000.
- Excalibur by L&Q in Lewisham, with homes starting from £329,000.
- Elephant Park by L&Q, with prices starting from £537,500.
Reputation and Vision
L&Q is recognized in the industry for its dual commitment to social responsibility and commercial viability. Their vision is that everyone deserves a quality home that they can afford, which drives their strategic initiatives and community investments. By focusing on the needs of existing social housing residents and creating high-quality homes for private rent, shared ownership, and outright sale, L&Q aims to foster neighborhoods where people can thrive.
With a progressive approach to urban development, L&Q continues to set a benchmark for social housing in the UK, striving to create environments that residents are proud to call home.