Tuesday, 21 October 2014

Housing associations swap homes

Housing associations Hyde Group and Amicus Horizon have completed a swap involving nearly 600 homes.

Under the deal Hyde Group will take on 338 homes in the Arun and Adur areas of west Sussex, while Amicus Horizon will take ownership of 257 properties in Hastings, Rother and Eastbourne.

A Hyde spokesperson said the move will enable both associations to save money and improve local services to residents.

An Amicus Horizon spokesperson said: ‘This stock swap shows how two housing associations can work together for the practical benefit of their residents on a big scale.’

Carol Carter, group director of housing at Hyde, said: ‘By increasing the number of homes we own and manage in areas where we are already based, we hope to realise efficiencies which can be reinvested in services and homes for our residents.’

Hyde Group has made significant changes to its operations and group structure through its One Hyde One Vision programme, under which it is gradually merging its subsidiaries. It has brought customer service enquiries into one contact centre, centralised income collection and leaseholder services and is currently re-procuring £500 million of repairs and maintenance work, slashing its number of contractors from 60 to 12.

The group estimates £50 million will be saved over 10 years as a result of OHOV.

What do you think of this house swapping idea?

Readers' comments (4)

  • How did the residents have imput into this process?
    Were they fully engaged?
    Was all relevant performance data given, this to allow comparisons between the two providers.
    Most importantly of all could they have stopped the process?

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  • Fingers - the HCA would have had to have given approval for this to occur, and part of the process to agree the swap would have been tenant consultation prior to authorisation being given.

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  • Housing Plus

    Thanks for your input but as you will be aware there is consultation, and CONSULTATION

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  • Chris

    Is consultation any better if shouted - I'm not convinced.

    If this means better service at the same or less cost then it can only be good news, especially if it means more local access to the landlord. If it does not, then why do it.

    What was missing though was the option for tenants to form a cooperative or some other form of self, local management, freeing themselves from the grandious schemes (such as OHOV), which the mega landlords focus so much energy on, when what some tenants would like is to be able to speak to someone in a local office to get their issues addressed. Economies of scale only seem to end up with rents still escalating by RPI+.5%+-£2 and Executive pay escalating by RPI+5%++£X according to gender!

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