Together Housing Group Explained

Together Housing Group Limited
Type:Community Benefit Society
Industry:Housing
Hq Location:Bull Green House
Hq Location City:Halifax
Hq Location Country:England
Revenue:£ 190,000,000
Revenue Year:2021-2022
Num Employees:1,448 (FTE)
Num Employees Year:2022

Together Housing Group is a social housing management company and affordable housing developer operating in the North of England and the East Midlands.[1] As of July 2024 Together Housing Group (THG) manages or owns around 38,000 homes, including rented social housing, affordable housing, and supported housing.[2]

Origins

The group was founded in April 2011 as parent company to various housing associations, including Chevin Housing Association, Pennine Housing 2000, Green Vales Homes, Twin Valley Homes, Housing Pendle,[3] and Harewood Housing Society.[4] In March 2016 these five individual housing associations were replaced with a single asset-owning subsidiary named Together Housing Association Limited (previously Hallam Housing Society)[5] while the Group itself converted to a Community Benefit Society.[6]

Subsidiaries and related entities

Subsidiaries of THG include:[7] [1]

The company is also part of several joint ventures.[7]

Funding

The company and its subsidiaries receive grants and loans from both private and public sources. In 2012 the group raised £250 million through the direct issue of its own 30-year bond.[10] THG has received various contracts funded by the Homes and Communities Agency and other government sources, including a £15 million contract for a development scheme in Accrington in 2014.[11] In 2024 it received a £50 million loan from the Royal Bank of Scotland to be used for the sustainable refurbishment of its properties.[12]

Regulation

Together Housing is subject to regulation by the Regulator of Social Housing, whichsets standards for social landlords on governance, financial viability, rents and value for money.[1]

Notes and References

  1. Web site: Previous regulatory judgement: Together Housing Group Limited (15 November 2022) . GOV.UK . . 20 September 2024 . en . 15 November 2022.
  2. Web site: Together Housing ICN . innovationchainnorth.co.uk . 20 September 2024 . 24 November 2021.
  3. Web site: Mutuals Public Register: Housing Pendle Limited . mutuals.fca.org.uk . 20 September 2024.
  4. Web site: HCA Regulatory Judgement Together Housing Group Limited – L4464 . . https://web.archive.org/web/20190725035414/https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/659342/Together_Housing_Group_Limited_RJ_Nov_2017.pdf . 2019-07-25 . November 2017.
  5. Web site: Mutuals Public Register: Together Housing Association Limited . mutuals.fca.org.uk . 20 September 2024.
  6. Web site: Mutuals Public Register: Together Housing Group Limited . mutuals.fca.org.uk . 20 September 2024.
  7. Web site: Full accounts made up to 31 March 2023 SYNERGY HOUSING SOLUTIONS LIMITED filing history . find-and-update.company-information.service.gov.uk . GOV.UK . 27 November 2023 . 20 September 2024 . en . PDF.
  8. News: Consortium picked for Salford regeneration . 20 September 2024 . Insider Media . 22 Jun 2012.
  9. Web site: TOGETHER COMMERCIAL LIMITED overview - Find and update company information - GOV.UK . find-and-update.company-information.service.gov.uk . 20 September 2024 . en.
  10. News: Together raises £250m with bond . 20 September 2024 . Insider Media . 7 December 2012.
  11. News: Accrington scheme contractor named . 20 September 2024 . Insider Media . 10 June 2014.
  12. News: Gayne . Daniel . Together Housing gets £50m retrofit funding boost in first-of-its kind loan from RBS . 20 September 2024 . Housing Today . 2024-07-23 . en.

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