Stonewater Ltd is a
housing association
In Ireland and the United Kingdom, housing associations are private, Non-profit organization, non-profit making organisations that provide low-cost "Public housing in the United Kingdom, social housing" for people in need of a home. Any budge ...
formed by the merger of Raglan Housing and Jephson Group in 2015. Stonewater owns and manages over 39,000 homes and has a turnover of £191 million.
Raglan
Raglan Housing owned and managed more than 12,300
affordable homes in 95 local authority areas, mainly concentrated across the
south east
The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each se ...
,
south west
The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each sepa ...
and midlands and
east of England
The East of England is one of the nine official regions of England. This region was created in 1994 and was adopted for statistics purposes from 1999. It includes the ceremonial counties of Bedfordshire, Cambridgeshire, Essex, Hertfordshire ...
. Raglan raises funding through a bond taken up by an independent bulk annuity provider.
Raglan properties are a mix of new homes in inner city, urban and rural areas for
general rental and
shared ownership. Raglan also redevelop redundant
brownfield
In urban planning, brownfield land is any previously developed land that is not currently in use. It may be potentially contaminated, but this is not required for the area to be considered brownfield. The term is also used to describe land prev ...
sites and empty properties in support of town center regeneration and provide supported and
sheltered housing
Sheltered housing is a term covering a wide range of rented housing for older and/or disabled or other vulnerable people. In the United Kingdom most commonly it refers to grouped housing such as a block or "scheme" of flats or bungalows with a sch ...
along with specialist
women's refuge
A women's shelter, also known as a women's refuge and battered women's shelter, is a place of temporary protection and support for women escaping domestic violence and intimate partner violence of all forms. The term is also frequently used to ...
s.
The association also manages housing for the disabled and shelters for the homeless.
Each June the Association's employees participate in a "cleanup-paintup" event, volunteering their time to improve the housing in their communities.
Raglan Housing Association is a
Charitable Industrial and Provident Society (no 20558R,
registered with the
Homes and Communities Agency
Homes England is the non-departmental public body that funds new affordable housing in England. It was founded on 1 January 2018 to replace the Homes and Communities Agency (HCA).
HCA in turn was established by the Housing and Regeneration Act 2 ...
(HCA) (no L1556).
Background
In the 1960s two voluntary groups, the Inskip League of Friendship and Poole and East Dorset Club for the Disabled, approached Poole Borough Council (now the
Borough of Poole
Poole Borough Council was the unitary authority responsible for Local government in England, local government in the Poole, Borough of Poole, Dorset, England. It was created on 1 April 1997 following a review by the Local Government Commission fo ...
) to build housing for
disabled
Disability is the experience of any condition that makes it more difficult for a person to do certain activities or have equitable access within a given society. Disabilities may be cognitive, developmental, intellectual, mental, physical, se ...
people.
In 1976 registration with the
Housing Corporation
The Housing Corporation was the non-departmental public body that funded new affordable housing and regulated housing associations in England. It was established by the Housing Act 1964. On 1 December 2008, its functions were transferred to two n ...
was completed and the name confirmed as Raglan Housing Association. In October 1993 Astra Housing Association merged with Raglan, increasing the Association's stock to nearly 6,000 homes. In 2001, with almost 9,000 homes, Raglan conducted an 18-month review of how services were provided to residents, resulting in the introduction of a centralised Housing Services Centre, a one-stop shop for all resident repair requests and enquiries.
Finance
During 2011 and 2012, Raglan’s annual turnover was £56m. The landlord was also accredited as Aa2
Credit Rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.
...
by Moody’s Investors Service prior to its bond being confirmed.
On 31 March 2012 the association had three wholly owned subsidiary companies: Raglan Developments (formerly Raglan Homes), to develop build-for-sale properties (dormant during 2011/12); Raglan Design and Build, to oversee new build projects; and Raglan Homes Limited, a new Industrial and Provident Society subsidiary, registered with the HCA, to raise finance to build new homes.
In May 2021 the association announced plans to move to home-based working with hubs based in Coventry, Reading and Bournemouth. Staff are offered an interest-free loan of up to £10,000 to creat defined workspaces in their homes.
Jephson
Prior to the merger, the Jephson Group comprised Jephson Homes Housing Association Limited (JHHAL), Jephson Housing Association Limited (JHAL) and
Marches Housing Association Limited (MHAL). It operated in most counties of England.
[Jephson Group Accounts 2014 https://www.rns-pdf.londonstockexchange.com/rns/1370G_-2015-2-27.pdf]
References
External links
www.raglan.org company website
www.housingnet.co.uk company details
Raglan DevelopmentsRaglan Design and Build* {{cite web, date=December 2011, title=Audited Board Report & Accounts, url=http://www.raglan.org/mediaFiles/downloads/41292161/Raglan_Housing_Board_report_2012.pdf, work=Raglan Housing Association
1976 establishments in England
2015 disestablishments in England
Housing associations based in England