November marked a pivotal moment for LBB, with the placement of a record-breaking 2,187 units representing over £1bn in Gross Development Value and £757m in sum insured—firmly positioning the business on track to reach its ambitious target of 20,000 units in the 2025/26 financial year.
This unprecedented performance reflects a fundamental shift in the market, driven by significant changes at the Building Safety Regulator under Andy Roe’s leadership.
The transformation of the BSR has created the regulatory certainty that developers have been seeking, with a notable evolution in communication and approach to Gateway 2 approvals that is fostering confidence across the industry.
Projects that were previously held in uncertainty are now progressing, as developers receive the clarity needed to move forward with major schemes.
This regulatory shift has created momentum throughout the sector, enabling clients to advance developments with greater confidence in the approval process.
The LBB team has responded to this surge in demand by providing expert consultancy and guidance, supporting clients through this promising period and ensuring they can capitalise on the improved market conditions.
In the New Year, LBB will be sharing details of the exceptional schemes and strategic partnerships that have contributed to this strongest month on record.
The November performance demonstrates the value of LBB’s established insurer relationships, technical expertise, and ability to navigate the evolving regulatory landscape—providing clients with the strategic advantage they need in this dynamic market.
