Article 6QK10 UK government links with Barratt and Lloyds for £150m housebuilding project

UK government links with Barratt and Lloyds for £150m housebuilding project

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#6QK10)

Homes England joint-venture will help towards aim to build 1.5m new homes over the next five years

Barratt and Lloyds Banking Group have launched a 150m joint-venture with the government body Homes England that will lead to the UK's largest housebuilder and mortgage provider capitalising on Labour's plans to build 1.5m new homes.

The combined venture, known as the MADE Partnership, will oversee multiple large-scale projects, including town extensions, new garden village-style communities and brownfield developments, each made up of 1,000 to 100,000 homes and community facilities.

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