Johnnie Johnson Housing (JJH) is set to join Sanctuary as a subsidiary following the approval of merger proposals by the boards of both organisations.
The announcement follows a detailed due diligence process, the results of which were presented to the boards for consideration. The completion will be subject to obtaining appropriate consents from the organisations’ lenders.
Craig Moule, Sanctuary Group’s chief executive, said: “Not-for-profit housing and care providers deliver a vital public service to society – we invest in maintaining and improving housing stock, provide a security of tenure that is affordable, develop new affordable homes and deliver good-quality care.
“There is space for organisations of any size in our sector, and there are many organisations who provide excellent services to a single community, or a small number of neighbouring communities, but do not have the capacity to make significant investment in their existing homes or develop new homes.
“As one of the largest providers in the sector, we use our size and strength to invest and develop, to be efficient, while maintaining local, community-focused services.”
JJH was established in 1969 by the decorated former Second World War flying ace, Johnnie Johnson. Today it has over 5,000 homes across the North West, North East, Yorkshire, and Derbyshire.
Yvonne Castle, JJH’s chief executive, said: “We always look to provide the best possible service and make sure we are focused on what matters most for our residents – providing homes that they love to live in.
“We always want to do more. We are ambitious as experts in the field of providing homes and services, including Astraline’s Technology Enabled Care, for older residents. We know that through joining Sanctuary we will be able fulfil our ambitions and invest more in our residents’ homes than we could on our own.
“As always, the interests of our own residents and those of Sanctuary will remain our top priority.”
Castle has decided to step down from the role of chief executive in December, and Kathryn Fox-Rogers will lead JJH as a Sanctuary subsidiary in the role of managing director.
Sanctuary was also established in 1969 and provides social housing, care and managing services across England and Scotland. It owns or manages around 120,000 homes.
Image credit: 89stocker/Shutterstock
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