Your Housing Group partners Wates and ENGIE in £54m reinvestment programme
YHG will join forces with Wates Living Space and ENGIE to deliver a five-year, £54m reinvestment programme.
We recently completed a two-year stock condition assessment with property specialists Savills. Works will begin in July and will include kitchen, bathroom and boiler and heating replacements, with more than 6,000 homes projected to be in scope. A total of 17 apprenticeships will be created to deliver the programme.
Richard Woolfall, Head of Property Services, said: “We’re passionate about building and managing high-quality homes and by modernising our existing properties our customers will enjoy living in a property that they’re proud to call home.”
“ENGIE and Wates share the same passion for housing as we do, and we’re delighted to be working with them to make these improvements.
“The savings that will result from the planned investment will be used to realise our ambitious commitment to build 5,700 more new homes across the North of England over the next five years.”
John Flower, Business Director, Wates Living Space, said: “We are delighted to be working with Your Housing Group on this significant reinvestment programme. Our proven track record of improving homes, while creating a lasting legacy for communities across the UK speaks for itself.
“Engaging with Your Housing Group residents is crucial to our approach and we will be commencing this contract with a Building Futures employability programme, providing an immediate skills and training boost to the local area.”
Neil Warburton, ENGIE’s Regeneration Manager for North West, said: “Your Housing Group is one of our long-standing partners in regeneration across the country and together we have completed a number of flagship projects in housing, new build and retirement living for older people.
“Our work with Your Housing Group will not only enrich lives across the North, but our wider corporate commitments mean we can offer employment and training opportunities for people in the areas where we’re working. We’ll also use a local supply chain and materials to boost economic and social value.”