Skip to main content

The Hyde Group and Mount Green Housing Association complete stock swap

Posted on 29 March 2016

The ownership of 105 homes on the Crescent Estate, Sidcup, Bexley, has transferred to The Hyde Group. In return 206 homes in Runnymede, Surrey Heath, Epsom and Ewell, Mole Valley and Waverley, Guildford, Spelthorne and Elmbridge have transferred to Mount Green Housing Association based in Leatherhead, Surrey.  This includes five supported housing schemes.

The move forms part of both organisations’ objectives to consolidate in key areas where they already have a significant presence, and as a result improve the local service delivered to residents, as well as increasing efficiencies.

Residents were consulted on the transfer in November 2015 and have seen no changes to their tenancy agreements or rights.

David Gannicott, Group Director of Development, The Hyde Group said: “This is a logical move for Hyde and Mount Green, allowing us to provide residents with a more localised service.  By increasing the number of homes we own and manage in areas where we are already based, we hope to realise efficiencies which can be reinvested in services and homes for our residents.”

Nick Ronald, Chief Executive, Mount Green, said: “like Hyde, we felt this was a sensible move for both the organisation and residents, strengthening our local management base in and around Surrey.

“Whilst it was a difficult decision to transfer our estate in Sidcup, our first ever development, we believe the move will better serve residents with a more local service.”

(Pictured Christina Harris, Housing Officer, The Hyde Group welcomes new resident, Mrs Newman on the Crescent Estate in Sidcup, Bexley.)