The deal to acquire a site in Broadstairs for affordable provider Town & Country Housing, brings L&G’s Modular Homes’ factory pipeline to 670 homes including other sites in Selby, Bristol and North Horsham.

L&G said it is aiming now to create up to 300 new jobs by the year-end at its production and logistics business near Leeds to meet the swelling housing pipeline.

The latest scheme, located on Poorhole Lane, will be funded by Homes England, and consists of a range of two, three and four bed houses.

All homes have been designed to achieve an Energy Performance Certificate (EPC) ‘A’ rating, a standard met by only around 1% of new and existing dwellings in England & Wales.

From its factory in Sherburn-in-Elmet in Yorkshire, L&G Modular Homes has its sights on building 3,000 modular homes a year in 2024, bringing ‘rapid and disruptive change’ to house building.

L&G said its modular housing factory offered multi-skilled employment opportunities, including across design, finance, engineering, procurement, construction and production.

Rosie Toogood, CEO, Legal & General Modular Homes, said: “With our delivery pipeline now for 670 homes, the business is making great steps forward.

“Our latest scheme in Broadstairs, along with our schemes in Selby, Bristol and North Horsham will really showcase the part modular can play in helping the UK to Build Back Better.”