Trafford Housing Trust was a housing association based in Trafford. It was acquired by L&Q in 2019.[1] It owned and managed about 9,000 properties. It also provided care and support for disabled people and ran sheltered housing and extra-care homes.[2] It owned Laurus Homes, which still builds affordable homes for sale. It was created by a transfer of housing stock from Trafford Council in 2005.

Commercial details

Matthew Gardiner is the chief executive.[3] Turnover for 2016/7 was £54.4 million, with an operating surplus of £12.4 million. In 2017 it completed a refinancing package of £275 million from Lloyds Bank, BlackRock, the Pension Insurance Corporation and the Yorkshire Building Society. It also has funding from the Greater Manchester Housing Investment Fund.[4]

It has set up a joint venture with Galliford Try to build homes in Partington next to Carrington Moss. About 500 will be sold and 74 will be available for shared ownership or affordable rent.[5]

In 2019, L&Q acquired THT.[6]

Community work

It set up the award-winning Limelight centre in Old Trafford in 2017.[7]

In 2018 it was part of a scheme with Great Places Housing Group, Trafford Council, and Irwell Valley Homes to turn unoccupied office space into night shelters for homeless people and donated £5,000 for essential items.[8]



References

  1. ↑ Inside Housing, https://www.insidehousing.co.uk/news/lq-completes-acquisition-of-trafford-housing-trust-63527
  2. ↑ "About Us". Trafford Housing Trust. Retrieved 19 December 2018.
  3. ↑ "Morning Briefing: DWP 'push' to help homeless people claim Universal Credit". Inside Housing. 27 November 2018. Retrieved 19 December 2018.
  4. ↑ "Trafford Housing Trust secures £275m refinancing". NorthWest Place. 24 January 2017. Retrieved 19 December 2018.
  5. ↑ "Galliford Try and Trafford Housing Trust form £100m JV". PlaceNorthWest. 9 November 2017. Retrieved 19 December 2018.
  6. ↑ Place North West, https://www.placenorthwest.co.uk/news/lq-completes-trafford-housing-trust-takeover/
  7. ↑ "Inside Housing Development Awards 2018 - why they won". Inside Housing. 19 December 2018. Retrieved 19 December 2018.
  8. ↑ "People sleeping rough in Trafford are now guaranteed a bed this winter". Altrincham Today. 13 December 2018. Retrieved 19 December 2018.
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