London and Quadrant


L&Q is a housing association operating in Greater London, South East England and East Anglia, based in Stratford. Quadrant Housing Association, one of its original forebears, was established in 1963. L&Q is one of the largest housing associations in London, according to The Times. As of 2019, the company owns 95,000 homes across London and the south-east.

History

The Quadrant Housing Association was formed in the London Borough of Greenwich in 1963 when 32 people invested £2 each to create a housing association. Its founder, Rev Nicolas Stacey, was a Church of England priest who later became head of Social Services for Kent County Council.
In 1973 Quadrant joined forces with another association, London Housing Trust, which had been set up in 1967. The merged organisation was named London & Quadrant Housing Trust.
In 2011, London and Quadrant was criticised by Conservative Party politicians alleging that L&Q had misled the public and MPs over its plans for development on the site of the Walthamstow Stadium.
In December 2016, London and Quadrant merged with the East Thames Housing Group.
In February 2017, L&Q completed a deal to buy the private land company Gallagher Estates for £505 million from Tony Gallagher.
An independent review conducted by Campbell Tickell in 2018 revealed maintenance of some of the company's properties had fallen below standards.
The Times reported in 2019 the company owned 95,000 homes across London and the south-east.
In 2019, L&Q acquired Trafford Housing Trust.

Quadrant Construction

In 2010, L&Q created an in-house construction practice, Quadrant Construction, which grew by 2016 to a £200m turnover business, making a £4m profit that was given back to the housing association. However, on 23 May 2017, L&Q announced a restructuring which would see Quadrant rebranded, with consultations starting about possible redundancies among the 200-strong workforce.