Ongo acquires 849 new homes

After being invited to submit a bid to purchase 849 homes by The Guinness Partnership, Ongo has now successfully taken ownership and welcome their new tenants.

The homes are based in North Lincolnshire, North East Lincolnshire and East Midlands, within or neighbouring areas in which Ongo currently operates.

There is a mixture of one to five-bedroom houses, flats and bungalows. The majority are general needs housing with some leasehold, shared ownership and homes for older people.

The move supports Ongo’s aims of increasing their stock size through development and acquisition so they can continue to grow and offer more services to more people in the region.

Four colleagues from The Guinness Partnership will join Ongo, with the impact on services being closely monitored and potential further growth being considered.

Steve Hepworth, Chief Executive at Ongo said: “Once we knew that Guinness were selling these homes, we felt it was an exciting opportunity for us and aligned well with our future aims as a business.

“As one of the largest landlords in the region we already have the people and resources needed in the area and can also offer the additional services that we provide such as training, skills development and support services.

“This is truly exciting for Ongo and I’m very proud of all of the work colleagues have put in to make it happen and to our tenants, new and old, for embracing the decision.

“It’s the largest amount of homes we’ve ever acquired and it demonstrates our commitment to not only growth, but making sure we’re a strong and stable organisation that our tenants can rely on.”

Catriona Simons, Chief Executive at The Guinness Partnership said: “This transfer forms part of our strategy to consolidate our footprint in certain areas.

“One of our key objectives in doing this is to ensure high quality services are being delivered to residents in an efficient and cost-effective way by a landlord who has significant presence and influence in the local area.

“We chose to work with Ongo as they have a good reputation for customer service and investing in their homes. Thank you to Ongo and to Guinness colleagues for making this transfer possible.”

For more information, visit the Ongo website: www.ongo.co.uk/guinness.