Karbon Homes Limited Completion of Transfer of Engagements (2682G)
17 July 2023 - 11:54PM
UK Regulatory
TIDM46GV
RNS Number : 2682G
Karbon Homes Limited
17 July 2023
Karbon Homes Group: RNS announcement
South Tyneside Housing Ventures Trust transfer of engagement
completes
Karbon Homes, a housing association that owns and manages over
30,000 properties across the North East of England and Yorkshire,
are pleased to announce the successful completion for the transfer
of ownership and management of 439 homes from South Tyneside
Housing Ventures Trust (STHVT) to Karbon Homes.
It follows extensive consultation with customers and
stakeholders in November 2022, which saw overwhelming support for
the transfer to Karbon to take place.
The transfer, which legally completed today (Monday 17 July
2023), enables Karbon to deliver services to even more customers
but also strengthen our presence in South Tyneside where we already
own and manage over 1,200 homes.
Paul Fiddaman, Chief Executive of Karbon Homes, said: "We are
delighted to welcome customers from South Tyneside Ventures Trust
to the Karbon family. The transfer enables us to provide services
to even more customers and generate greater capacity to invest in
their homes. We are really excited to work closely with the local
community and build strong foundations for more people."
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END
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