Friday, 25 May 2012

Salvation Army to merge with landlord

The Salvation Army is set to take over a housing association and become the first unregistered organisation with a subsidiary signed up to the housing regulator.

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Related

Articles

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    13/04/2012

    As Gingerbread Housing Project closes for good, Rhiannon Bury kicks off our procurement special by examining the devastating human impact of cuts to Supporting People budgets.

  • Major provider merges subsidiaries to save cash

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    Sovereign Housing Group has collapsed its subsidiaries into a single organisation in a cost-cutting move for the 33,000-home landlord.

  • Circle 33 under watchdog’s eye

    30/09/2011

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  • Spectrum holds out for 2014 restructure

    08/07/2011

    ‘Based on 2006 logic it was a perfectly reasonable assumption that we could further collapse the group in the long term…that we would be able to re-finance the new group on more advantageous terms and make further efficiency savings,’ says Wayne Morris, chief executive of Spectrum Housing Group.

  • Four become one at Sovereign

    28/10/2011

    Sovereign Housing Group says its decision to amalgamate its subsidiaries into one housing association will free up more stock to use as security for future borrowing.

Resources

  • Branch out via Europe

    22/07/2011

    Social landlords creating companies to run extra services must still note EU procurement rules, says Rebecca Rees, partner at Trowers & Hamlins

  • Performance review

    18/05/2012

    The HCA’s new regulatory regime will focus on landlords’ governance and financial viability. Ian Davis and John Maton from Trowers and Hamlins explain.

  • Don’t be partners in crime

    30/09/2011

    Landlords must review their anti-corruption procedures and that of their partners or risk a large fine, says Kerry Gwyther, partner at TLT Solicitors

  • Do it yourself housing

    03/06/2011

    The government wants to help people build their own home and housing associations can help

  • Zero in on tax rules

    02/09/2011

    Landlords can still use subsidiaries to receive VAT benefits but they must seek proper legal advice, say Richard Brooks and Victoria Jardine

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