Talks begin between housing associations to create East Anglia’s largest social landlord

PUBLISHED: 13:16 07 March 2018 | UPDATED: 13:16 07 March 2018

Flagship Group is in talks over a partnership with Victory Housing Trust. Picture: Flagship Group.

Flagship Group is in talks over a partnership with Victory Housing Trust. Picture: Flagship Group.

Flagship Group

Two housing associations are in discussions over a partnership to create East Anglia’s biggest housing group.

Flagship Group and Victory Housing Trust say talks are at an early stage but believe that working together would enable them to build more houses and offer better services to tenants.

The proposed partnership would create a landlord overseeing 28,000 homes and able to deliver 10,000 homes over the next decade, of which 7,000 would be affordable.

The two organisations say they would also be able to invest £500m in maintaining and improving existing homes.

Philip Burton, chairman of North Walsham-based Victory Housing Trust, said: “We are exploring whether through working together we can deliver more new affordable homes and better quality services to our residents and our communities.

“An important part of this will be retaining and developing our people, as well as being able to invest more to meet housing need in our region.”

Peter Hawes, chairman of Flagship Group, added: “Our organisations share similar visions and values, and through working with our staff and customers we will explore how best to jointly manage our homes in Norfolk – bringing the best of both organisations together.”

The structure of the partnership is still under discussion, but it is envisaged that £22m-turnover Victory, would join the larger Flagship Group, retaining its identity and offering continuity for residents and its 90 staff. A final decision may not be made before next year, said a spokesman.

Flagship, which works across Norfolk and Suffolk, turned over £119.5m last year and employs 820 staff. It owns and manages more than 22,000 homes across the east of England, and has a maintenance and repair business, RFT Services, as well as gas servicing company Gasway, which it bought in 2016.

Victory Housing Trust is a charitable registered social landlord which owns and manages more than 5,000 properties in Norfolk, and serves more than 10,000 residents. Most of its properties are in north Norfolk, but it also has homes in Broadland, Great Yarmouth, Breckland, South Norfolk, and King’s Lynn and West Norfolk.

It has built 948 affordable homes since it was founded in 2006 and is currently delivering around 200 new homes a year.

Other news

A housing development in a Norfolk village, built on council-owned land, has hit a major milestone, after every home in their phase one build has been sold.


Norfolk and Waveney is set to feel a lot warmer this week with some places seeing highs of 27C.

Families of seven Norfolk soldiers who were killed in Afghanistan came together in Swanton Morley to unveil a memorial to their loved ones.


England are set to take to the World stage as the last group for the World Cup get ready to play today.

Most Read

Saturday, June 16, 2018

An extraordinary stand-off took place at a Norfolk tip as customers were locked in when a man refused to pay to dump his wood.

Read more
Norfolk Police
Yesterday, 22:05

Firefighters have been called to a building blaze in Fakenham.

Read more
Yesterday, 07:35

A major search for a 75-year-old man who went missing while out on a walk with his family along a Norfolk beach will continue this morning.

Read more
Friday, June 15, 2018

The craft brewing boom has prompted a Norfolk maltster to invest £6.7m in its ability to make small batch deliveries of specialist grain.

Read more
Friday, June 15, 2018

Thousands of Norfolk residents are proud to have been born and bred in the East of England for generations.

Read more
United Kingdom

Local Weather



max temp: 21°C

min temp: 17°C

Show Job Lists

Digital Edition

Read the Fakenham and Wells Times e-edition today

Newsletter Sign Up

Fakenham and Wells Times weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy