Proposed plans for settle to acquire 138 homes in L&Q stock transfer

L&Q have started consulting with their residents on the proposed transfer, which is expected to finish in late August 2021. If the plans are approved, the 138 homes would be transferred to settle later in 2021.

The proposed transfer would complement our growth aspirations and ensure that residents continue to receive great services from a local organisation.

L&Q, who manage more than 100,000 homes across the UK, will continue investing in their existing homes and developing high-quality new homes.

John Lumley, Strategic Director of Assets and Regeneration at L&Q said: “As part of our commitment to delivering the homes that local residents need, we’ve identified an opportunity to work in close partnership with a fantastic housing provider in Three Rivers, Watford and Dacorum.

“We’re proud of everything we’ve achieved in the area in recent years, and we’re confident that settle will continue to provide an excellent service that residents can be proud of. Over the next few months, we’ll be working closely with the local community, to ensure that everyone has their say on the proposed changes.”

Gavin Cansfield, Chief Executive at settle, said: “This is an exciting opportunity to take on these homes so close to the communities in which we already work at settle.

“Working with residents, colleagues and partners, our focus at settle is on developing good quality affordable homes, delivering services that respond to the needs of all customers and investing in neighbourhoods and communities.

“We are delighted to be working with L&Q on these proposals and look forward to meeting residents in Three Rivers, Watford and Dacorum over the coming weeks, to hearing their views and providing more information about the support we can provide through our work at settle.”

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