Waterloo, which owns and manages around 26,000 homes, has transferred the 27 leasehold schemes to Longhurst.
The transfer boosts Longhurst’s leasehold for older people portfolio by a third and brings its total stock to more than 21,000 after merging with Axiom earlier this year
Meanwhile in the south:
Notting Hill Housing and Genesis are in talks to merge, a move that would create one of the country’s largest housing associations.
L-R: Linde Carr, Elizabeth Froude, Neil Hadden, Kate Davies, Dipesh Shah
The merger is expected to complete early next year and will create a 64,000-home housing association, Notting Hill Genesis. Half of these will be general needs homes with social or affordable rents. Both associations are members of the G15.
The organisations claim they will be the largest provider of shared ownership homes in the country once the merger is complete.