ao link

You are viewing 1 of your 1 free articles

Essex-based landlords make merger official

CHP and Estuary Housing Association have formally merged to create a new 17,000-home group.

LinkedInXFacebookeCard
L-R: Neil Perrins, chief finance and commercial officer; Michael Hadjimichael, chief people and resources officer; Rachel Hadley, chief operating officer; and Paul Edwards, chief executive
L-R: Neil Perrins, chief finance and commercial officer; Michael Hadjimichael, chief people and resources officer; Rachel Hadley, chief operating officer; and Paul Edwards, chief executive
Sharelines

LinkedIn IHMCHP and Estuary Housing Association have formally merged to create a new 17,000-home group #UKhousing

The merger completed today, creating Delta Housing, which is now the largest housing association in Essex. The organisation hopes that its increased resources and capacity will “deliver a better and quicker service for customers”.

The landlord also aims to invest more in its current homes, and develop more new social housing across Essex.

Ian Green, chair of Estuary, has been appointed chair of the board at the new landlord. Paul Edwards, chief executive of CHP, has been appointed chief executive of Delta.


Read More

New 13,500-home community landlord to be created following mergerNew 13,500-home community landlord to be created following merger

Mr Green said: “Today marks an exciting new chapter for social housing in Essex. By bringing together the strengths of both CHP and Estuary, Delta will be able to deliver more for the people and communities we serve.

“As Delta, we have even more capacity to improve services, invest more in our existing homes, and build the high-quality, affordable housing our region urgently needs. I’m proud to lead the board at this pivotal moment and look forward to the positive impact Delta will have across Essex in the years ahead.”

The landlord’s new name was revealed at the end of last year, after discussions to come together were first revealed in March.

The boards of both landlords decided to go ahead with the merger after considering a detailed business case, which included the findings of due diligence and feedback from a seven-week consultation with customers of both organisations.

Mr Edwards said: “I’m incredibly proud of everyone who’s worked so hard to make this merger happen. We have a strong and dedicated team that cares, so I’m confident we’ll be able to tackle the challenges and make the most of the opportunities we’ll have as the largest housing association in Essex.

“By retaining a local focus and keeping communities at our heart, we can make sure our growth translates into better services, better homes and better outcomes for customers across the county.”


Sign up to Inside Housing’s Development and Finance newsletter


Sign up to Inside Housing’s weekly Development and Finance newsletter, featuring a round-up of business, development and regeneration news and analysis.

Already have an account? Click here to manage your newsletters.

Click here to register and sign up for the newsletter