Thursday, 02 September 2010

NW providers merge to create mega association

Two north west housing groups are to amalgamate to form one of the largest associations in England, with nearly 40,000 homes across 27 local authority areas.

Vicinity Housing Group and Contour Housing Group have announced they will join forces and create a new parent body bringing together seven stock-holding membership organisations.

Phil Gandy, chief executive of Vicinity, said: ‘Fundamentally our cultures, aspirations and long-term goals are a good match and we operate within a very similar framework of principles, with shared commitments to our federated structure and the clear local focus and accountability this provides for tenants.’

Mike Creamer, chief executive of Contour, said: ‘To put it simply, we will be better together; better able to deliver services to our tenants and better placed to face future challenges.’

The housing groups started discussions after announcing their intention to merge in October last year.

They will now consult with tenants and stakeholders and if the plan receives approval it will happen on 31 March 2011.

Vicinity works across Merseyside, Cheshire and Lancashire and owns and manages 17,500 homes. Its subsidiaries include Atrium, Beechwood Ballantyne, Cobalt Housing, Liverpool Housing Trust and Ribble Valley Homes.

Contour Housing Group owns and manages more than 20,000 homes in Lancashire, Cheshire and Greater Manchester, and its member organisations are Contour Homes, Hyndburn Homes, Peak Valley Housing Association and Contour Property Services.

Readers' comments (2)

  • To the tenants who are satisfied with services of these two Housing Associations, I would advice to be very careful to say yes to any merger. Do not be fooled by BIGGER meaning better... It ain't.
    Just ask other tenants who have gone trhough similar mergers how really better off they are before saying yes.

    To residents unsatisfied wit hthese two organisations demand what extra powers would they have in monitoring a bigger organisation to defend their rights and services controlling their homes(EFFECTIVE AND PRACTICAL - do not be fooled by empty promises - demand everyting they promise in writing and signed by the chief executives).

    And do not be fooled by their consultation being democratic and fair, before replying to any consultation demand to check how will residents be able to make sure what they say in the consultation will be applied.
    If you are unsatisified with their reply simply boycott any consultation and inform of this the housing regulator or whoever should be checking mergers of this kind.

    Unsuitable or offensive? Report this comment

  • I agree with kass 100%. I know from experience of a stock tranfer in London some years ago that as far as the organisations involved are concerned the concept of "consulting with tenants and stakeholders" isn't always genuine. I do believe that when organisations get as far into the process as these two seem to have, they are at the stage of measuring offices for desk space, looking at physical moves and planning who to loose when posts are duplicated.
    The "consultation will no doubt be weighted heavily and when staff knock on tenant's doors (as I witnessed in a previous "consultation") I would not be surprised to find tenants are strongly encouraged to vote for the merger.
    The annoying thing is I imagine people like Phil Gandy and Mike Creamer are so lost in their own spin and perceived importance that they actually believe they'll be able to fool anybody into believing if the tenants and stakeholders disagree that it won't happen.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

sign in register

Related

Articles

  • North west landlords consider merger

    12 November 2009

    Two of the north west’s largest housing associations are in talks about a possible merger.

  • Liverpool housing groups merge

    2 August 2010

    Three subsidiaries of the 15,000-home Plus Dane Housing Group in Liverpool are to merge to form Plus Dane Merseyside.

  • New life cycle

    02/07/2010

    A new breed of business is changing the lives of homeless people in Preston. Marie-Claire Kidd reports from Britain’s first commercial recycling and social welfare centre

  • 40 per cent of pathfinders ‘failing to engage’ with lenders

    27/11/2009

    Forty per cent of the partnerships set up to tackle low demand for housing have failed to engage effectively with lenders during the recession, the Audit Commission has revealed.

  • North west’s £350m housing cash bid

    13/08/2010

    Councils in the north west plan to expand a £350 million pot of regeneration money to fund housing projects.

Resources

  • Security bypass

    13/11/2009

    Great Places has completed a merger without having to guarantee £10 million in pensions debt. Here’s how

  • Passive gains

    29 June 2010

    Is optimising the design of a building the best way to meet carbon reduction goals, asks Steve Cowan, senior sustainability consultant for Buro Happold.

  • Light touch regulation

    18/12/2009

    What will the TSA’s reduction in regulatory burden mean for providers?

  • Removing the straitjacket

    30/04/2010

    Landlords must adopt new probity policies to adhere to TSA regulations, says Peter Hubbard

  • A place in the sun

    25/09/2009

    Bumper bonuses and pay packets pushing £400,000 suggest that when it comes to their wage slips, many housing association chief executives are oblivious to recession’s chill. Philippa Ward reveals the results of Inside Housing’s exclusive chief executive salary survey.

Latest Jobs