Section: Housing Associations

Stafford and Rural Homes acquires more than 150 homes from national housing group

Posted 26.06.19
Stafford & Rural Homes: Further reading

Stafford and Rural Homes (SARH) has expanded its property portfolio with the acquisition of 154 homes from the Clarion Housing Group.

The acquisition is a mix of two, three and four-bedroom houses, two-bedroom bungalows and one and two-bedroom apartments.

The homes in the Doxey area of Stafford were purchased for an undisclosed sum following a thorough bidding process.

The deal also included a community hub for local residents who were actively involved in consultations on the transfer of ownership.

The latest acquisition brings the total number of properties managed by SARH to around 6,350.

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Longhurst Group to consolidate as one organisation

Posted 14.06.19
Longhurst Group: Further reading

Longhurst Group is set to consolidate its structure and become one organisation.

As a provider of more than 22,500 homes across the Midlands and East of England, Longhurst Group has made the move to simplify its structure, improve efficiency and enhance the service it provides its customers.

Following a Special General Meeting that took place in May, shareholders joined Board members in giving unanimous approval of the proposal to bring the Group together.

This followed a six-week formal consultation with customers that saw 71% of those that responded stating they were in favour of the Group becoming a single organisation.

As a result, from Monday 1 July, the Group's four member companies - Axiom Housing, Friendship Care & Housing, Spire Homes and Longhurst & Havelok (L&H) Homes - will form one organisation, called Longhurst Group.

The benefits of consolidating include annual savings of over half a million pounds and a clearer structure that will enable decisions to be made more quickly.

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Blog Watch: Do you know what impact your housing association is having on the local economy?

Posted 04.06.19
Tom Wood, Research Officer, National Housing Federation: Further reading

The Local Economic Impact Calculator sheds light on the massive contribution that housing associations make to the UK economy, both nationally and locally.

It reveals the economic impact that housing associations make at a range of geographical levels, including regions, combined authorities, local enterprise partnerships, and individual local authorities.

It also contains area profiles detailing key economic indicators including employment, house prices and earnings, and demonstrates the collective economic contribution that housing associations make to the local area in terms of housing stock and the gross value added (GVA) generated by investment in affordable homes.

Housing associations can find out how their own individual organisation has influenced the local economy through their day-to-day activities. The calculator makes retrieving this information very straightforward.

Tom Wood's blog includes a demo video to help make the best of use of the Local Economic Impact Calculator.

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Reporting on June 2019

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