Peabody and Family Mosaic to merge
The new single housing association will be even better placed to help Thamesmead fulfil its promise as London’s new town.
Last week, Peabody agreed to merge with another housing association called Family Mosaic. The new single housing association would still be called Peabody and, on completion of the merger, would provide 55,000 homes to residents across London and the South East.
London's new town
Our combined scale and London focus would enable us to do more together than we could achieve alone, and will mean we are even better placed to help Thamesmead fulfil its promise as London’s new town.
How some of the 1,500 new homes in South Thamesmead will look
John Lewis, Executive Director for Thamesmead at Peabody, said:
“2016 has been a big year for Thamesmead, with the London Borough of Bexley giving the green light for more than 1,500 new homes in South Thamesmead, the Royal Borough of Greenwich approving the first of over 1,000 new West Thamesmead homes at The Reach, and the Mayor of London committing to delivering a DLR extension to Thamesmead within the next ten years”.
Thamesmead would remain a priority following the merger, and over the next ten years £1 billion will be invested in the town, helping to create up to 3,000 quality new homes and public spaces as well as investing in existing homes, streets and public spaces straight away”.
Teresa Pearce MP, Member of Parliament for Erith and Thamesmead, said:
"Peabody and Family Mosaic are two of the country’s most prominent housing associations, with a rich history behind them in providing social housing for people in need of a home. This merger is welcome news and I hope that together, they will be able to move forward and provide secure and affordable housing for my constituents”.
If you are a Peabody or Gallions resident, your landlord, tenancy or lease agreements would not change as a result of the merger. There would also be no changes to your rights and responsibilities or the way your rent is set. Find out more about the merger. Find out more about the merger.
We will be writing to all our residents asking them to contact us with their views about this proposal by Friday 3 February 2017. If you're a Peabody, Gallions or CBHA resident, you can:
- email firstname.lastname@example.org (please be sure to include your address)
- return the feedback form that you receive in the post.
- complete the online feedback form
- call 0808 1643265 (free from UK landlines and UK mobiles).
Please note that this number is only for responding to this consultation. If you would like to speak to us about anything else, please contact Peabody Direct.
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