Derby Homes is an Arm’s Length Management Organisation (ALMO) and is a 100% owned subsidiary of Derby City Council. It was created in 2002 to manage and maintain the Council's housing stock. The function of management and maintenance is delegated to Derby Homes, but the Council retains ownership of the housing stock and all tenants are Council tenants.
Our turnover is around £46M a year and we have over 500 staff. Our core business is the management of and investment in, Derby City Council’s social housing stock, comprising of 12,757 properties of which 60 are shared ownership and 12,697 are for rent.
We directly provide services to 649 leaseholders of the Council and have agreements with external landlords to manage and maintain properties, including Guinness-Northern Counties Housing Association and War Memorial Village Derby. We also manage the Council's Housing Options, Homelessness and Derby Advice services.
Derby Homes is a Registered Provider and Investment Partner with the Regulator of Social Housing and has 100 properties for rent which it owns in its own right. Additionally, Derby Homes operates 5 flats in a Victorian building which it partly owns and manages in partnership with Revive Healthy Living.
The current partnership agreement with Derby City Council, which sets out the services Derby Homes will provide, runs until 31 March 2022.
Figures correct as at 31 March 2020.
People with Significant Control
Under the Local Government & Housing Act 1989 Section 68, Derby Homes is owned 100% by Derby City Council. Therefore Derby City Council has been identified as a 'person with significant control' over Derby Homes.
A person of significant control is someone that holds more than 25% of shares or voting rights in a company, has the right to appoint or remove the majority of the board of directors or otherwise exercises significant influence or control. This information forms part of the central public register of people with significant control, which is free to access.
Registered Number 4380984
A company limited by guarantee registered in England
Derby Homes is a registered provider of social housing with the regulator of social housing. Register No 4576
Registration with the Financial Conduct Authority
Derby Homes is registered with the Financial Conduct Authority (FCA)
Licence No. 774308
Information about FCA can be found at: www.fca.org.uk