TWO North East housing providers have confirmed they intend to merge and form a new company called Beyond Housing.
Coast & Country Housing (CCH) and Yorkshire Coast Homes (YCH) will become one under the new name in early October, creating a business owning and managing over 15,000 homes across the North East and North Yorkshire.
CCH currently has a rental stock of more than 10,500 homes, most of them in Redcar and Cleveland, while YCH has around 4,500 properties. These are situated along the Scarborough and North Yorkshire coast.
Beyond Housing, when it comes into being, is planned to:
- Build more new homes than either CCH or YCH would individually be able to
- Increase focus on regeneration with plans to address the “serious issues evident” in some of the most deprived communities in their operating territories
- Continue to invest into existing homes, with £150 million in the first five years to ensure they remain safe, secure places people are proud to call home
- Meet the challenges of the ageing population in the North East and Yorkshire through providing a combined Independent and Supported Living service to over 8,000 vulnerable people
“This is a really exciting time for all our customers, staff and stakeholders,” said James Hayward, chair of Beyond Housing’s shadow board. “We truly believe the merger provides us all with a bright future and gives us more opportunities to make a difference to people’s lives. Our customers will sit at the heart of this and will continue to be the focus of everything we do and our name, Beyond Housing, perfectly reflects the ethos of the new organisation.”
Peter Lenehan, CCH’s acting chief executive, said: “Our organisations have much in common in terms of values, social purpose and commitment to our heartlands. By working together as Beyond Housing we can achieve even more to benefit our customers and communities across the north east and North Yorkshire.”
Owen Ingram, YCH’s interim chief executive, added: “Our plans are ambitious and only possible to achieve by working together. Beyond Housing, a larger, stronger organisation provides increased opportunity for directing resources to essential areas such as new-build development, making us better equipped to address the region’s urgent need for more affordable housing.”
The search for a chief executive to Beyond Housing is currently underway.