New Charter to join forces with another housing association
Monday 3rd July 2017 @ 12:09 by Adam Higgins
News Tameside

New Charter Group has announced it is set to merge with another northern-based housing association, creating a new organisation with 33,000 homes.

Tameside’s biggest social landlord is to join forces with Adactus Housing Group and will operate across the North West and East Midlands after receiving board approval.

Subject to obtaining further approvals, the merger is planned to take place later this year, with the announcement of a new company name will follow.

As well as a portfolio of 20,000 homes in Greater Manchester and Nottingham, New Charter Group owns a profitable building company and a homelessness charity. With a turnover of approximately £100m a year and a workforce of around 850, it’s one of the region’s largest registered providers of social housing.

It is also the sponsor of the Great Academies Education Trust and has developed a partnership with a local newspaper and radio station.

The Adactus Housing Group owns and manages more than 13,000 homes across 21 local authority areas in the North West of England, including housing PFI in Miles Platting in Manchester. The Group is ninth in The Sunday Times Top 100 ‘Best Not For Profit Organisations to Work For’ 2017.

The merger brings new opportunities to have greater influence in the sector and locally as part of devolution in Greater Manchester.

It also promises more affordable homes for the region, better opportunities for tenants, greater innovation and increased efficiency.

There will be no immediate change to day-to-day landlord services for tenants although the merger aims to improve lives and communities.

Adactus’ current Chief Executive Hilary Roberts will lead the new organisation with New Charter’s Chief Executive Ian Munro remaining in the business for a period of time to help ensure a smooth transition.

New Charter’s current Chair, Fay Selvan, has been confirmed as the new Group Chair and Jane Clayton, the current Adactus Chair, as Vice Chair.

Adactus Housing Group’s Hilary Roberts said: “Both our housing groups have a proud history and the merger is a chance for us to capture what we do best in a new and exciting partnership that is better placed to deal with challenge and opportunity.”

New Charter Chief Executive Ian Munro added: “Together we believe that we can do more to address the housing crisis with new affordable homes for people to rent or buy and we hope to work with our new Greater Manchester Mayor to make sure services in our regions meet the diverse needs of local people.

“Formally, we have a few steps to go through before everything is finalised but we’re looking forward to starting a new journey together as one organisation.”