Paradigm Completes Acquisition of 3,500 Homes

Paradigm completes acquisition of 3,500 homes in South Buckinghamshire

Monday 26 January, Wooburn Green - Paradigm Homes Charitable Housing Association Limited (trading as SettleParadigm), today announced it has completed the acquisition of 3,500 homes from London & Quadrant Housing Trust (L&Q) in South Buckinghamshire. The stock transfer is the largest of its kind between two housing associations to date.

The move brings the total number of homes owned and managed by SettleParadigm to 30,000 following the merger last year between Paradigm Housing and Settle Group.

Matthew Bailes, CEO of Paradigm said: "We believe that we can deliver more for the communities we serve if we become larger and more local. By acquiring these homes in our heartland, we can deliver excellent local services to our new residents and benefit from economies of scale. We can't wait to welcome our residents on board."

David Lewis, Executive Director, Property & Investment at L&Q, said: "Since we announced our plans to explore a stock transfer in March 2025, we've carried out a formal consultation with residents and a comprehensive due diligence process. This has ensured Paradigm are the right organisation to manage these homes.

"The transfer of these homes has now completed, and we have every confidence that Paradigm - a locally based housing provider - are best placed to deliver an excellent service in the area.

"As an organisation, we consider homes for transfer where they sit outside our core geographies of Greater London and Greater Manchester. This supports our strategic decision to focus our activity on areas where we have the greatest concentration of homes, enabling us to provide responsive, joined up services which offer best value for residents."

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