Shoreline Housing Partnership and Boston Mayflower enter into merger talks
Shoreline Housing Partnership and Boston Mayflower enter merger talks
Two of the region’s leading housing providers have announced merger talks that could create a 12,700 home greater Lincolnshire landlord.
North East Lincolnshire housing provider Shoreline has begun discussions with southern Lincolnshire association Boston Mayflower.
Independent consultants have been brought in to evaluate the cultural, financial and service impact of a possible merger – an extensive piece of work that will take three months to explore.
The Boards of both organisations will then review the business case and announce a decision on whether to proceed by Christmas 2016.
Shoreline chief executive Tony Bramley said: “Shoreline is a robust, successful organisation but following the impact of government changes to social housing, these are challenging times for all social housing providers.
“These talks therefore present an opportunity to discuss the possibility of creating a larger landlord combining services, enhancing efficiencies and creating capacity to invest more, while still maintaining a focus on local delivery.
“At the forefront of our discussions will be the benefit it may present to our tenants, employees and the communities we serve.”
Chief executive of Boston Mayflower Murray Macdonald said: “We’re pleased to announce that our two boards have started talks about bringing our organisations together in an equal partnership to form a new, strong group to build and manage homes and support communities within Lincolnshire. This is a very early stage in discussions, but we want to be open with our staff, customers and stakeholders.
We feel that there’s a great match between the two organisations. We share very similar values and believe there’s no better blend of experience, skill, resources and energy to serve the particular needs of our communities.”
Both organisations are keen to stress that these are preliminary talks only and no decision has yet been made.
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