By Beverly Rademacher

Copyright expressandstar

The 25,000-home provider has announced plans to exit the Walsall-based business in line with its strategy to simplify and strengthen and focus on its core social landlord services.

The decision has been branded ‘difficult but necessary’ given the changing business landscape.

Hopes are high a buyer will be found but GSA (Green Square Accord) has warned the LoCal Homes factory in Airfield Drive, Walsall, could close if it unable to secure a sale.

Mona Shah, chief finance and investment officer at GSA, said: “LoCaL Homes has made an important and innovative contribution to housebuilding in the UK, and our product has been used by housing providers on developments up and down the country – that is something to be proud of.

“However, the landscape has changed significantly and while it has been a difficult decision to exit, it is a necessary one.

“We have a strategic objective to simplify and strengthen our organisation to enable us to focus on our core offer and to realise our vision of being a great social landlord.

“We are in active discussions with interested parties and remain hopeful of finding a buyer. However, having made the decision to exit LoCaL Homes, this cannot continue indefinitely and if we are unable to do so, we will close the factory in spring 2026.

“We have informed all LoCaL Homes colleagues and customers and our focus in the coming weeks and months will be on supporting them as we continue our search for a buyer.”