Disused Lloyds office sites to be converted into social housing
https://www.theguardian.com/business/article/2024/jul/15/disused-lloyds-office-sites-to-be-converted-into-social-housing
by Currency_Cat
Disused Lloyds office sites to be converted into social housing
https://www.theguardian.com/business/article/2024/jul/15/disused-lloyds-office-sites-to-be-converted-into-social-housing
by Currency_Cat
4 comments
“Bank launches project by selling Pudsey site as CEO says Labour’s commitment to sector is ‘clearer’ than last government’s”
“Lloyds Banking Group will start converting its disused office sites into social housing, as the UK’s largest mortgage provider lays the groundwork for a fresh housebuilding boom after Labour’s election win.”
Sounds like quite an endorsement for Labour.
Why do 80 homes need to be rented out at half the usual rate? Why put these hurdles in place to providing new homes?
Is this part of [Lloyds incursion into landlording?](https://www.bbc.co.uk/news/articles/cjkdyy9xgn3o)
I’ve lived in a office to residential conversion, and it sucked. Windows did not open, constant issue with mold, terrible choices for utilities that came up overpriced, the flats themselves had NO real storage space either.
These conversions don’t go by the same regulations as building new houses, and it makes them monumentally lower quality. Future slums