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Social landlords begin merger talks

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Published by Max Salsbury for 24dash.com in Housing

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The boards of two housing associations have begun discussing a possible merger to deliver "the best of both" to their tenants.

Should Housing Plus and Stafford and Rural Homes come together, the new group would own a stock of 12,000 homes and employ over 500 people.

The two landlords insist that by working together they would be able to build more homes, strengthen services, be more efficient and deal with future challenges better than they could alone.

The organisations have said that no decision will be made without consulting tenants, staff, partners and other stakeholders to assess the implications and potential benefits to existing and future residents and communities.

Any decision to form a new group would be subject to approval by the Homes and Communities Agency.

SARH manages over 6,000 homes across Stafford, and was created in 2006 following a stock transfer from Stafford Borough Council.

Housing Plus manages around 6,000 homes across the Midlands.

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