 | |
| Founded | 1963 |
|---|---|
| Founder | Rev Nicolas Stacey |
| Type | Housing association |
| Location |
|
Area served | London, South East England, East Anglia, North West England |
| Product | Homes to buy, affordable and social-rented homes, supported and sheltered housing |
Key people | Aubrey Adams OBE (Chairman) Fiona Fletcher-Smith (CEO) Waqar Ahmed (Finance) |
| Subsidiaries | Quadrant Construction Services Ltd, L&Q Living and Trafford Housing Trust |
| Employees | 2800+ (2021) |
| Website | https://www.lqgroup.org.uk/ |
L&Q (London & Quadrant Housing Trust) is ahousing association operating in Greater London, the South East, East Anglia, and parts of the North West (under its subsidiary company Trafford Housing Trust). L&Q's registered office is based inStratford.[1] Quadrant Housing Association, one of its original forebears, was established in 1963. L&Q is one of the largest housing associations in England. As of 2021, the company owns/manages in excess of 120,000 homes, housing c250,000 residents.
The Quadrant Housing Association was formed in theLondon Borough of Greenwich in 1963 when 32 people invested £2 each to create a housing association. Its founder,Rev Nicolas Stacey, was aChurch of England priest who later became head of Social Services for Kent County Council.[2][3]
In 1973 Quadrant joined forces with another association, London Housing Trust, which had been set up in 1967. The merged organisation was named London & Quadrant Housing Trust.
In 2011, London and Quadrant was criticised by Conservative Party politicians alleging that L&Q had misled the public andMPs over its plans for development on the site of theWalthamstow Stadium.[4]
In December 2016, London and Quadrant merged with theEast Thames Housing Group.[5]
In February 2017, L&Q completed a deal to buy the private land company Gallagher Estates for £505 million fromTony Gallagher.[6]
An independent review conducted by Campbell Tickell in 2018 revealed maintenance of some of the company's properties had fallen below standards.[7]
The Times reported in 2019 the company owned 95,000 homes across London and the south-east.[8]
In 2019, L&Q acquiredTrafford Housing Trust.[9]
In 2021, Fiona Fletcher-Smith was appointed Group CEO, replacing David Montague CBE.[10]
In 2010, L&Q created an in-house construction practice, Quadrant Construction, which grew by 2016 to a £200m turnover business, making a £4m profit that was given back to the housing association. However, on 23 May 2017, L&Q announced a restructuring which would see Quadrant rebranded, with consultations starting about possible redundancies among the 200-strong workforce.[11]