October 21, 2025
Lloyds Living appoints new CEO
Lloyds Living, the rental and shared-ownership homes provider and part of Lloyds Banking Group, has appointed Matt Burgess to succeed Andy Hutchinson, who stepped down earlier this year, as CEO.
Following an extensive internal and external executive search process, Matt, who has been Acting-CEO, will step up from his role as Chief Investment Officer with immediate effect and take responsibility for Lloyds Living’s ambitious strategic growth plan.
Having joined in July 2021, Matt has been an integral part of Lloyds Living’s growth story: building and leading the investment team and developing the business’ strategy.
Before joining Lloyds, Matt was most recently a Director at JLL, where he had a dual mandate across Residential Capital Markets and the Banking & Capital businesses, providing commercial advice to a range of financial institutions on their real estate strategies.
Previously, he spent over 10 years working in various investment-focused roles at HSBC, as well as co-founding a property technology start-up focussed on digitally connecting homeowners with reputable home improvement services. Matt holds an Executive MBA from the London Business School and read Economics at the University of Exeter.
Matt takes up his new role with immediate effect.
Toby Rougier, CEO of Lloyds Banking Group Investments, commented:
“My congratulations to Matt on his appointment as Chief Executive. He has been a pivotal part of Lloyds Living’s growth story to date and is perfectly positioned to lead the business through the next chapter of it. His experience of the housing sector, understanding of Lloyds Living, together with his vision for the business, will enable Lloyds Living to achieve its goal of helping more people live in the kinds of homes they want in the places they want to be.”
Matt Burgess, CEO of Lloyds Living, said:
“I am immensely proud of what we have built at Lloyds Living over the last four years and the opportunity I’ve been given to lead the next phase of its growth.
“Lloyds Living has gone from a start-up to a portfolio of over 7,300 homes in four years, which is a testament to the efforts of the whole team. That’s only the beginning, we have exciting, ambitious plans to grow our portfolio, the number of rental homes in the UK and the number of people we can help get into homeownership, and together we will deliver them.”