Circle Housing Group

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Circle is one of the largest groups of housing associations in the UK. It provides affordable housing and related services in England, mainly in London, the South East, East Anglia and Birmingham.

The group was formed as Circle Anglia when Circle 33 Housing Group and Anglia Housing Group merged in 2005.[1] Circle owns and manages more than 63,500 homes, including supported and sheltered housing, for more than 200,000 people across the UK, and employs over 2,200 staff.

Its mission is to enhance the life chances of its residents by providing high-quality homes and reliable services, and building sustainable communities.[2]

The Circle Housing Group has 12 partners. Nine registered providers (RPs): South Anglia Housing, Wherry Housing Association, Old Ford Housing Association, Circle 33, Merton Priory Homes, Mole Valley Housing Association, Mercian Housing Association, Roddons Housing Association and Russet Homes; as well as Circle Living for sales and marketing and management of shared ownership, market rent and private sale properties. It has two care and support partners - Circle Support and INVICTA Telecare - one of the largest Telecare providers in England.

Circle belongs to two regional clubs of large associations: the G15 in London,[3] and East Seven in East Anglia.[4]

Funding[edit]

Housing associations borrow money to pay for new homes and improvements. During the financial crisis of 2007–2008, banks were less able to provide all the credit that larger associations required, although Circle raised £1.7 billion in bank debt as the credit crunch developed.[5] In November 2008, Circle Anglia raised £275 million on a 30-year corporate bond. This is the largest bond ever issued by a housing association in its own name.[6] In November 2010, Circle was the first housing group to go to investors after the new government's comprehensive spending review, and raised £124m through a bond tap.[7]

Members[edit]

The members of the group are:[8]

Name Established Activity Size
Circle 33 Housing Trust 1968 General needs housing 15,600 homes
Mole Valley Housing Association 2007 Housing management in Mole Valley following a stock transfer of Council housing in 2007 3,800 homes
Old Ford Housing Association 1998 Housing management in Old Ford as the successor to Tower Hamlets Housing Action Trust. Winner of the Housing Corporation's 2008 Gold Award for Building Cohesive Communities. Includes Orchard Village in Havering. 4,000 homes
Roddons Housing Association 2007 Stock transfer from Fenland District Council
Russet Homes 1991 Stock transfer from Tonbridge and Malling 6,000 homes
South Anglia Housing Merger of the former Stort Valley, Vange and Ryeland Housing Associations, which were all set up to handle stock transfers, as well as Blackwater, and Barking and Dagenham 6,400 homes
Wherry Housing Association 1990 Formed for stock transfer of 3,700 homes from Broadland. Now owns properties in Norfolk, Suffolk and Cambridgeshire 5,800 homes
Circle Support Special needs care and support Over 4,500 clients
Invicta Telecare Telecare and housing support Over 85,000 clients
Circle Living Originally the 'Homes' division of Circle 33, it handles shared ownership, leasehold and maintenance services

References[edit]

External links[edit]