Lloyds Banking Group has invited developers to build 100 new homes in Pudsey, West Yorkshire.
Lloyds has established a housing plan, which includes a 93-unit affordable housing scheme comprised of both houses and apartments, with a mix of 1, 2, 3, and 4-bedroom properties, along with green spaces and residential gardens.
The developer will take forward a final design scheme to Leeds City Council to obtain full planning consent.
Mark Burton, Lloyds Banking Group ambassador for Yorkshire and The Humber said: “This is an important first step in our plan to provide around 100 new affordable homes at our site in Pudsey and I am delighted to see it.
“The lack of genuinely affordable housing in our communities means too many people are living in insecure or poor-quality conditions.
“We’re working with local authorities in order to understand where our former sites may be well-positioned to support residential needs and I hope what we are seeking to do in Pudsey sparks many similar solutions around the UK – helping more people to access a safe and sustainable home.”
Lloyds Banking Group is the first UK bank to enter the social housing market directly, while this initiative aligns with its commitment to repurpose decommissioned commercial properties for social housing, announced in July 2024.
Construction should begin in late 2026.
