The UK’s first mass-produced home factory is expected to
fire up production soon, as a financial services firm forges ahead with its
plan to reshape the country’s failing housing sector. Ready-to-assemble
sections of the cross-laminated timber homes will be delivered like flat-packed
Ikea furniture, and prototypes are expected “within weeks”. A source said that
the prototypes, produced by insurance and investment group Legal & General,
would be for a three-bedroom home and a five-bedroom home. Legal & General
announced in February this year that it would open the largest home-building
factory in Europe in a bid to shake up the UK housing market, which is
characterised by chronic undersupply of homes. Read more on the GCR website.
