Raglan Housing Association

Raglan Housing Association is a social housing provider which owns and manages more than 12,300 affordable homes in 95 local authority areas,[1] mainly concentrated across the south east, south west and midlands and east of England.[2] Raglan raises funding through a bond taken up by an independent bulk annuity provider.[3][4]

Raglan properties are a mix of new homes in inner city, urban and rural areas for general rental and shared ownership. Raglan also redevelop redundant brownfield sites and empty properties in support of town centre regeneration and provide supported and sheltered housing along with specialist Women's Refuges.

The association also manages housing for the disabled[5] and shelters for the homeless.[6]

Each June the Association's employees participate in a "cleanup-paintup" event, volunteering their time to improve the housing in their communities.[7]

Raglan Housing Association is a Charitable Industrial and Provident Society (no 20558R,[8] registered with the Homes and Communities Agency (HCA) (no L1556).

Background

In the 1960s two voluntary groups, the Inskip League of Friendship and Poole and East Dorset Club for the Disabled, approached Poole Borough Council (now the Borough of Poole) to build housing for disabled people. The Council suggested the formation of a housing association to undertake the work and take advantage of the grants available. As a result, Inskip Housing Association was formed and Friendship House was opened in May 1972.

In 1976 registration with the Housing Corporation was completed and the name confirmed as Raglan Housing Association. In October 1993 Astra Housing Association merged with Raglan, increasing the Association's stock to nearly 6,000 homes. In 2001, with almost 9,000 homes, Raglan conducted an 18-month review of how services were provided to residents, resulting in the introduction of a centralised Housing Services Centre, a one-stop shop for all resident repair requests and enquiries. In 2002 Raglan created Raglan Home Ltd to provide homes for sale and a development programme which emphasized shared ownership and key worker homes.[9] In May 2012 Raglan’s head office was relocated from Poole to Reading.

Finance

During 2011 and 2012, Raglan’s annual turnover was £56m. The landlord was also accredited as Aa2 Credit Rating by Moody’s Investors Service prior to its bond being confirmed.[10]

On 31 March 2012 the association had three wholly owned subsidiary companies: Raglan Developments (formerly Raglan Homes), to develop build-for-sale properties (dormant during 2011/12); Raglan Design and Build, to oversee new build projects; and Raglan Homes Limited, a new Industrial and Provident Society subsidiary, registered with the HCA, to raise finance to build new homes.

Merger

As of 31 December 2014 the Raglan Housing Association has been merged with the Jephson Housing Association to create a larger group called Stonewater.[11]

References

  1. ↑ Residents set to benefit with Hundred Houses, HHS news article, 19 July 2012
  2. ↑ Offices to close at housing association, Bournemouth Daily Echo, 5 January 2011
  3. ↑ Inside Housing (18 September 2012). "News article". Inside Housing.
  4. ↑ "London Stock Exchange Agreement" (PDF). PDF. Retrieved 20 September 2012.
  5. ↑ Independent Living for Physically Disabled People. iUniverse. 2001. pp. 104–. ISBN 978-0-595-17797-4.
  6. ↑ "New housing project owners aiming to support Exeter homeless".By G. Richardson |Express & Echo, October 16, 2013
  7. ↑ "Brighton Hill houses given makeover by Raglan Housing Association". Basingstoke Gazette.
  8. ↑ Charitable & Industrial Provident Society. "Mutuals Public Register".
  9. ↑ "Moves and Shakers"%5d "News Article" Check |url= value (help). Inside Housing. 19 February 2010.
  10. ↑ "Moody's assigns Aa2 rating to Raglan Housing Association; outlook negative". Moody's Investment Service. 14 September 2012.
  11. ↑ "Merger creates 31,000-home landlord". Inside Housing, 6 January 2015 | By Lia Sanders

External links

This article is issued from Wikipedia - version of the 10/13/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.