Legal & General’s for-profit providers remain loss making

In 2025, the company’s seven for-profit RPs made an aggregate pre-tax loss of £22million.  This was attributed to a fall in property valuations, the business being in its growth phase, reductions in grant income, and some cost increases.  The results also cited continuing cost of living pressures, a challenging market for new home development, and the introduction of additional legal and regulatory obligations.