A HOUSING association with numerous properties in the Forest of Dean has announced it is to merge with a similar business.  

Bromford has recently confirmed that it is merging with the Flagship Group to create a new housing association, Bromford Flagship. 

Bromford Flagship will maintain the commitment that both organisations currently have to local accountability and will continue operating with locally focused teams. 

The association has already developed many properties locally including the Southend Nurseries estate in Newent.  

This merger will release additional financial capacity over and above what either party could achieve alone, which could see an increase in property development and affordable housing across the region.  

This increased capacity will allow Bromford Flagship to deliver 2,000 homes each year for the next 30 years. 

Peter Hawes, chairman of Flagship, and Steve Dando, chairman of Bromford, commented:  “As forward-thinking organisations we have robustly reviewed the benefits from coming together and strongly believe that we can do more for our existing and future customers.” 

“Our aim is to secure significantly increased investment, to improve existing services and deliver more benefits for current and future customers. We are excited about the huge potential this opportunity offers and the difference it could make to people’s lives and local communities”. 

The new association has given reassurances to existing Bromford customers that there will be no change to their tenancy agreement or rent.