Housing Association in talks to trade

by Property118.com News Team

14:18 PM, 8th June 2011
About 10 years ago

Housing Association in talks to trade

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Housing Association in talks to trade

Knightstone, the south and west housing association, is looking to downsize its roster of properties they manage by trading with smaller regional associations.

They are in talks to trade their properties in Swindon and Wiltshire for Somerset based properties as well as passing on their Dorset and Hampshire properties. They hope to have the trade in Somerset completed by April 2012 and the rest by April 2013.

Another aspect of their overhaul is to close six of its regional offices in favour or developing their Weston-super-Mare headquarters.

“We believe the best solution for our residents in Swindon and Wiltshire is to receive services from a more local housing association which will be better placed to meet their needs and the needs of their communities.” Knightstone Chef Executive Nick Horne explained.

“We are speaking to staff and to the residents that will be affected. We understand that change is never easy but we will be working hard to ensure a smooth transition when the time comes.”

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