Keepmoat and Lloyds Living partner to build 182 rental homes in Nottinghamshire, Leicester, and Lincolnshire, boosting regional housing supply.
Lloyds Living, the private rental and shared ownership division of Lloyds Banking Group, has finalised a deal with developer Keepmoat to construct 182 new rental properties. The units will be spread across three distinct developments located in Gedling (Nottinghamshire), Frog Island (Leicester), and Warren Wood (Gainsborough, Lincolnshire). The portfolio includes a mixture of apartments and family houses intended specifically for the private rented sector.
This agreement highlights a continued institutional backing for build-to-rent projects in the East Midlands and Lincolnshire, providing a reliable pipeline of housing starts despite wider macroeconomic pressures in the private buyer market. For regional housebuilding supply chains, the commitment ensures predictable demand for groundwork, masonry, timber framing, and second-fix trade packages over the coming phases of construction.
What does this mean for a UK tradesperson or DIYer actually buying this kit — does it change what they should pay, buy, or watch out for?
For local sub-contractors and tradespeople operating in Nottinghamshire, Leicestershire, and Lincolnshire, these projects represent stable, medium-term work on site, but they are unlikely to directly alter retail material prices at national merchants like Screwfix or Toolstation. However, self-employed tradespeople eyeing sub-contract work on these sites should prepare for strict main-contractor procurement rules around compliance and material specifications, particularly regarding energy efficiency standards for new residential builds.
Reported by Housebuilder & Developer — original article
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