£50,000 savings in first year
Landlords combine under new Osprey name
Aberdeenshire Housing Partnership (AHP) and Moray Housing Partnership (MHP) will operate under the banner of the Osprey Group in a move that will cut costs by £50,000 in the first year.
The two organisations were already part of the same group, but operated separately. The consolidation will immediately lead to savings in IT, governance, housing provision and employer compliance.
Group chief executive, Colin Hawkins, said corporate governance kick-started the process of consolidating their activities under a new single identity.
“The financial argument for doing so was very strong and in particular we will make considerable savings from being able to access professional fees as one group in relation to new build development support and ongoing property improvement for existing homes,” he said.
The new look was officially unveiled today at a ceremony at the AECC for key stakeholders.
AHP will now be known as Osprey Housing, MHP as Osprey Housing Moray and both will remain as discrete and separately registered social landlords. The group’s commercial arm will operate as Osprey Initiatives.
The move has been welcomed by tenants. Bill Chapman, chairman of the Osprey Tenants and Residents Association (OTRA) said: “We believe coming together under one name is a logical, practical and cost effective thing to do. We were instrumental in bringing forward ideas about how AHP and MHP could work more effectively by working together, whilst maintaining the excellent service delivery we enjoy.”
The Osprey Group owns and manages over 1,500 homes across the north-east.