Housing association giant L&Q reports drop in completions in first quarter

By Daniel Gayne2026-08-10T04:05:00

But debt ratio also falls after £1bn sale of PRS business

L&Q has reported a first quarter drop in turnover, surplus and completions, but saw its debt position improve after a major sale.

In a trading update for the three months to 30 June 2026, published on Friday, the housing association reported turnover of £241m, down from £271m in the equivalent period the previous year.

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