Housing Solutions and Bracknell Forest Homes have confirmed they are in early merger discussions.
The merger, if it proceeds, would create a new, larger association with over 13,000 homes in ownership and management predominantly in Berkshire. The merger would build on both organisations strong commitment to addressing the housing shortage in the region, enabling the new organisation to provide more affordable homes for local people in need.
Orla Gallagher, Chief Executive of Housing Solutions Ltd said “We’re really excited about the opportunities for our customers and the increasing impact we will have across Berkshire. The sector is changing and a merger of our two organisations will make us stronger and more resilient. ”
Graeme Stanley, Chair of Bracknell Forest Homes said “Both associations share an ambition to build more homes, deliver the best possible service for customers and invest in communities. I very much believe that the merger with Housing Solutions would allow us to meet that shared ambition.”
Discussions will continue until July 2017 when the Boards from both organisations will formally consider the business case for the merger. If approved, the merger could be completed in the autumn 2017. In the meantime, both organisations remain focused on continuing to deliver high quality services to their tenants and leaseholders.
To find out more about Bracknell Forest Homes, click here to visit their website.