Legal & General Capital (LGC) has launched a Suburban Build to Rent (SBTR) business, which will develop large scale ‘single family’ rental communities across the UK. The housing arm will partner with UK housebuilders and undertake a direct delivery...
Legal & General has launched SmartrFit, a mortgage criteria search tool and affordability calculator for advisers. Results from SmartrFit inform advisers which lenders match their clients’ particular circumstances and the maximum loan amount they w...
Legal & General has launched a Retirement Interest-Only mortgage. The mortgage is designed for those aged 55 and over with a minimum property value of £100,000. Homeowners can borrow up to 60% of the value of their homes. It can be used to replace ...
The Bank of Mum and Dad will be a driving force behind the recovery of Britain’s housing market as buyers struggle with the economic impact of the COVID-19 crisis, research from Legal & General and Cebr claims. Nearly one in four housing transactio...
Legal & General Mortgage Club has raised concerns about the widening gap between supply and demand after the lockdown period. One in four people (25%) plan to buy a home in 2020, with a further 28% saying they are considering a property purchase th...
Mortgage searches by advisers around visas and non-UK residents has seen a significant rise according to Legal & General Mortgage Club. Data from the SmartrCriteria tool, which helps advisers to determine whether a particular lender would consider ...
Legal & General has invested over £50m into a regeneration project in Princes Street in Edinburgh. The investment, made on behalf of the L&G UK Property Fund, will be put towards creating a new hotel and city centre ‘hub’ which will...
Legal & General has committed to making its new housing stock net zero carbon enabled by 2030. This will be implemented in a phased approach across all homes invested in or built by Legal & General Group including: Build to Rent, Build to Sell,...
The key to unlocking the UK’s housing crisis is reversing underinvestment in purpose-built housing for older people, which could encourage downsizers and free up family homes. This is according to a report, ‘Too little, Too late? Housing for an a...
Legal & General has purchased “North Tower” in Deansgate Square, Manchester, on behalf of its two funds, UK Property Fund and Managed Fund. North Tower provides 276 luxury apartments of one-, two- and three-bedrooms, across 37 storeys. Residents ha...