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We are L&Q, one of the UK’s leading housing charities and developers. … As a regulated charitable housing association, all the money we make is reinvested into new and existing homes, creating successful communities and providing services for our residents.
In this regard, what does L and Q stand for? L&Q (London & Quadrant Housing Trust) is a housing association operating in Greater London, the South East, East Anglia, and parts of the North West (under its subsidiary company Trafford Housing Trust).
Additionally, how do I contact London and Quadrant? Get in touch. If you need further help, contact our customer service centre by calling 0300 456 9996 – Monday to Friday from 8am to 6pm (excluding bank holidays).
Amazingly, what is the biggest housing association in London? Clarion is the UK’s largest housing association, owning and managing 125,000 homes: 350,000 people call a Clarion home their home.
Similarly, how many homes does L&Q? L&Q owns and manages more than 105,000 properties that house around 250,000 people.
Is L&Q a registered charity?
LQHT is registered under the Cooperative and Community Benefit Societies Act 2014 and is a charitable Registered Provider of social housing, regulated by the Homes and Communities Agency.
How big is L&Q?
We house around 250,000 people in more than 105,000 homes, primarily across London and the South East – but we’re more than just a registered charitable housing association.
Who is the CEO of London and Quadrant?
Fiona Fletcher-Smith, L&Q’s group director of development and sales, has become its new chief executive, taking over from David Montague after his 13 years in post.
Is L&Q council or housing association?
L&Q is not the same as the council. We’re an independent organisation that works closely with local councils to help house those who need an affordable home. We, like other housing associations, have to obey government rules on housing set by the Regulator of Social Housing.
What is part ownership houses?
Also referred to as part buy/part rent, Shared Ownership allows buyers to purchase a share of a home – usually between 25% and 75%. Purchasers will pay a mortgage on the share that they own, and a below-market-value rent on the remainder to a housing association, along with any service charge and ground rent.
Shared ownership is a great way to get a stake in a property when you can’t afford or can’t borrow enough to buy outright on the open market. There are, however, common complaints from people in shared ownership schemes.
How do housing associations work?
Housing associations’ day-to-day activities are funded by rent and service charges payments made by, or on behalf of, those living in its properties. In this sense, housing associations are run as commercial entities and the majority do not depend on donations for their general activities.
What is a G15 landlord?
The G15 is the group of London’s largest housing associations. Our members house one in ten Londoners and are the biggest providers of affordable homes in the capital.
Who is Optivo?
We’re one of the largest housing providers in the UK and a member of the G15 group of London’s largest housing associations. We’ve over 45,000 homes across London, the South East and the Midlands, giving 90,000 people somewhere affordable to call their own.
How much is L&Q worth?
Total reserves stand at £5.2 billion (2019: £4.8 billion). The group continues to maintain a strong financial position with net assets increasing by £451 million to £5.2 billion in the year (2019: £4.8 billion).
How many employees do L&Q have?
As we are named in the Great Place to Work UK’s Best Workplaces 2020 – Super Large (1,000+ employees) and the UK’s Best Workplaces for Women 2020 – we want to continue to promise to provide all our employees with: A place where people come first; a place you can be proud to work.
How do I complain about L&Q?
If you would prefer to make a complaint over the phone, please contact our customer service centre by calling 0300 456 9996.
Who is the head of L&Q?
Meet L&Q’s new chief executive: ‘We will still build. But the emphasis is on existing residents’ In January, housing giant L&Q set out the scale of the challenge facing its new chief executive, Fiona Fletcher-Smith.
Who is the director of L&Q?
L&Q has today announced the appointment of Vicky Savage to the role of Group Director, Development and Sales. Vicky joined L&Q in November 2017 and her most recent role was London Managing Director, overseeing L&Q’s development operations across the capital.
Who is eligible for affordable rent?
“Affordable Rent” homes are available to applicants in housing need that have household incomes of up to £90,000 (if applying for a property in London) or £80,000 (if applying for a property outside of London).
What is Affordable housing London?
A Affordable housing is social rented, affordable rented and intermediate housing (see para 3.61), provided to eligible households whose needs are not met by the market. Eligibility is determined with regard to local incomes and local house prices.
Despite high increases and wide variations across the boroughs, social rent is the only housing type really affordable to lower income Londoners. Affordable rent Rents at up to 80% market rents.
Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share. For example, someone might buy a 50% share in a property, and pay rent to the landlord on the remaining 50%.
Can you buy part of a property?
Buying a part of a plot of land is very much a regular real estate transaction, but with an extra layer of regulation added on to try and limit potential bad ideas. … This also very much applies to postage stamp lots that cover most new developments. You’re unlikely to be able to buy a part of an already small property.
Do I need another deposit to staircase?
Do I need a deposit to buy a bigger share? You don’t need to wait to build up a deposit as you can use the equity in your share of your home to act as a deposit. Of course, if you do have savings then combining them with the equity in your home could help you to buy an even bigger share, if that’s what right for you.
