Circle Housing Group
The group was formed as Circle Anglia when Circle 33 Housing Group and Anglia Housing Group merged in 2005. 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.
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.
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. 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. 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.
The members of the group are:
|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|
- History page on group website
- Our mission, retrieved 14 June 2010
- Seven of the largest housing associations in the east of England have clubbed together, Inside Housing, 23 June 2008
- Circle Anglia snares £1.7bn loan despite crunch, Telegraph Online"
- Circle Anglia breaks bond record with £275m deal, Inside Housing, 11 November 2008
- Association taps bond market for £124m, Inside Housing, 17 November 2010
- Partnership Members on the group website