L&Q’s completions down a third as it reins in spending

By Carl Brown2023-11-10T07:00:00

Housing association deleverages as it eyes 50% cut in capital expenditure by 2026

L&Q’s completions have fallen by more than a third in the first half of the year.

The 109,000-home housing association, in a trading update for the six months to 30 September, announced it has completed 1,350 new homes in 2023/24 so far.

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