Welcome to 'keeping you up to date' the dedicated website set up to give you the latest information on the potential alliance between South Somerset Homes and The Arcadia Housing Group (including Knightstone Housing Association, Great Western Assured Growth, Great Western Housing and Knightstone Community Homes).

13.03.08 - Proposed Alliance is not going ahead

Over the past five months. South Somerset Homes and the Arcadia Housing Group, which includes Knightstone Housing Association, have fully explored this potential merger. 

Both Arcadia and South Somerset Homes set ambitious, but not unreasonable, objectives for the merger – for existing residents and in terms of capacity to build extra new homes. 

As a result of these discussions and detailed financial analysis, our Boards have reluctantly concluded that the financial gains from a merger of our two organisations would not be large enough to deliver what we, our residents and our business partners would expect.

On that basis, we have decided not to continue with our discussions and the merger will not go ahead.

If you would like any more information, please feel free to contact us by clicking here.

	Alternatively please call directly: South Somerset Homes: 01935 404500 Knightstone Housing: 01934 524300 Arcadia Housing: 01934 524300