In December 2016, L&Q and East Thames joined forces to create one organisation.
The newly merged organisation owns and manages over 90,000 homes across the UK and has an ambitious plan to enable the delivery of 100,000 new homes. 50% of the new homes we build will be affordable through shared ownership and rent, reflecting our belief that everyone should have a quality home that they can afford. We will combine our social purpose and commercial drive, investing all profits back into creating homes and neighbourhoods people can be proud of.
Together East Thames and L&Q will create a new 6,600 home specialist care and support subsidiary to provide a dedicated offer to older and vulnerable adults. We will also set up a £250 million community investment fund to improve the life chances of those who live in our homes and communities and establish a new training academy to develop talented, qualified staff, and to provide residents with skills and employment opportunities.
The merger will not affect East Thames residents or their tenancies in any way. East Thames will continue to provide the same services to its residents.
If you have any questions about the merger, you can call us on 0300 303 7333.