Stafford and Rural acquires more than 150 homes from Clarion

Mix of two, three and four-bedroom houses, two-bedroom bungalows and one and two-bedroom apartments purchased for undisclosed sum.

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Mix of two, three and four-bedroom houses, two-bedroom bungalows and one and two-bedroom apartments purchased for an undisclosed sum.

Stafford and Rural Homes (SARH) has expanded its property portfolio with the acquisition of 154 homes from Clarion Group.

A mix of two, three and four-bedroom houses, two-bedroom bungalows and one and two-bedroom apartments, the homes in the Doxey area of Stafford were purchased for an undisclosed sum following a bidding process.

The deal also included a community hub for local residents who were actively involved in consultations on the transfer of ownership.

“The successful bid to acquire these homes reflects a huge vote of confidence in the quality of services SARH delivers and recognition that we actively listen to our customers and prioritise their needs, said SARH Chief Executive, Karen Armitage.

This latest acquisition brings the total number of properties managed by SARH to around 6,350.

Michelle Reynolds, Chief Operating Officer at Clarion said: “As part of a review of our homes and communities, Stafford was identified as an area where customers should have the opportunity to move to a housing association that has a larger presence locally.”

SARH has held  a series of ‘Getting to Know You’ events to provide its new customers with further information about the range and quality of the services offered by their new landlord.

SARH was advised over the acquisition by Shakespeare Martineau and Clarion by JLL and Winckworth Sherwood.

 

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