Karbon Homes and Leazes Homes have announced they are in merger talks, after Newcastle City Council it would be closing its arms-length management organisation Your Homes Newcastle in December last year.

Newcastle-based Leazes Homes is currently part of Your Homes Newcastle and is proposing that it will join the Karbon Homes group as a subsidiary.

The transfer of management of all of Leazes Homes’ properties over to Karbon is expected to take place in July this year, subject to consultation with its tenants.