L&Q
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Latest property news
Developers launch new type of home, the uberhaus
When is a two-storey flat a house, and when is it a duplex? Developers L&Q and Countryside have decided to blur the lines at a development currently under construction in West London with a new concept called an uberhaus, which translates roughly as ‘wonderful home’ in German. The glossy brochure for the site heralds a new type of living, but what will agents think of the concept when it comes to selling these apartments? The 52-acre and £600m Acton Gardens is new small town being built within W3 which will eventually include some 2,500 homes including a school, three parks, a central plaza and hub, a school as well as half a dozen apartment blocks containing townhouses and two and three bedroom apartments. And then there are the uberhaus apartments. Or are they houses. The joint developers have decided to join the two together by creating a hybrid and, in the process it is claimed, launched a new home concept. The three and four bedroom uberhouses are within an apartment block but, like a house, have all the living rooms including the kitchen downstairs on the ground floor including a patio garden, while all the bedrooms are upstairs. “We set out to…
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Land & New Homes
25,000 new PRS homes to be built
Developer L&Q is set to deliver 25,000 new Private Rented Sector (PRS) units, working in partnership with key partners and stakeholders. This represents 25% of the organisation’s vision to create 100,000 new homes over the next ten years. With estimates that a quarter of the housing stock in London is privately rented, the housing association has already developed a portfolio of 1,436 properties to date, with a short term pipeline of 2,163 homes in the sector currently in development or planning. The bulk of the new homes will be in London, alongside some schemes in Milton Keynes, Cambridge and beyond. Build on the majority of schemes in the projected pipeline will delivered by Quadrant Construction, a subsidiary of L&Q, alongside a number of high profile joint ventures. Diane Hart – Group Director for PRS at L&Q, said, “With a 55 year history in delivering high quality housing, L&Q’s ambition is to deliver many thousands more PRS units to make us one of the UK’s largest providers in the sector. We have already established a significant portfolio in a relatively short time, including large scale new build schemes, JVs and converted street properties. L&Q understands that homes matter, and aims to deliver a…
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