There has been further growth of Housing 21’s property portfolio following the successful acquisition of 42 Extra Care properties in Worcestershire.
On Monday, 1 July, ownership of Dorothy Terry House in Redditch transferred from Rooftop Housing Association to Housing 21, a leading not for profit provider of Extra Care and Retirement Living for older people of modest means.
It is the first acquisition that Housing 21 has completed in 2024, having successfully transferred more than 900 properties from other providers in 2023.
Steph Ramsden, Director of Acquisitions, Sales and Partnerships at Housing 21, said: “We are absolutely delighted to welcome our new residents at Dorothy Terry House to Housing 21. Our new residents can be reassured they are moving to a specialist provider of Extra Care and Retirement Living properties who is entirely focused on meeting the needs of older people.
“What makes this even more special, is that the acquisition has happened just in time for residents to join us in a summer of celebrations as we honour Housing 21’s 60th anniversary as a housing association.”
Existing residents from Dorothy Terry House have been welcomed to Housing 21 as part of the sale. The on-site Care Team, who are employed by a third party, remain unaffected and will continue to provide the same care to residents.
(Pictured: Dorothy Terry House)
Acquisitions form a key part of Housing 21’s ambitions for growth, alongside new developments. By working with housing associations who are trying to manage older people’s housing alongside general needs housing, Housing 21 is able to offer a mutually beneficial solution ensuring older people receive the safe, quality and affordable homes they deserve.
Boris Worrall, Rooftop’s Group Chief Executive, said: “We are pleased that following consultation with residents, the ownership of this scheme will transfer to a housing association with a long and successful track record in managing this type of accommodation.”
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