Karbon Homes Limited Transfer of Engagements (5801M)
24 Mai 2022 - 11:06AM
UK Regulatory
TIDM46GV
RNS Number : 5801M
Karbon Homes Limited
24 May 2022
24 May 2022
Yorkshire based housing associations explore transfer of
engagements
Board members of two Yorkshire based housing associations, York
Housing Association (YHA) and Leeds and Yorkshire Housing
Association (LYHA), have agreed to explore a more formal
partnership.
The two organisations are now considering a proposal for a
transfer of engagements. If agreed, the proposal will see them
operating as a new 3,000-home regional subsidiary of northern based
housing association Karbon Homes.
The aim of the proposed partnership is to deliver excellent
services to customers and to play a key role in shaping places and
communities across Yorkshire. The new partnership would create a
stronger, more effective organisation, with a continued local
approach and understanding of its customer base.
YHA has been a subsidiary of Karbon Homes since 2017 and has
already seen the significant benefits of being part of a larger,
supportive group. The two organisations have developed a really
strong shared culture, values and working relationship.
The support from Karbon has brought increased investment in
YHA's homes and services and a growth of its geography across the
wider Yorkshire area, with more planned growth in future years. The
partnership has also resulted in efficiencies and improved value
for money along with higher customer satisfaction for YHA
customers.
Both YHA and LYHA will shortly be seeking the views of their
customers, colleagues and stakeholders on its proposals. This
feedback will then shape the final business plan before being
presented to both boards for approval.
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END
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