MTVH changes parent company in move to simplify structure

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Credit rating agency Standard & Poors says move to switch parent company ‘better reflects importance’ of Metropolitan side of the business.

Metropolitan Thames Valley Housing has changed its corporate structure, putting its main charitable stock-holding provider in place as its parent company.

The 56,000-home provider has announced that Thames Valley Housing Association became a subsidiary of Metropolitan Housing Trust from 31 December.

The move means the parent organisation of MTVH is now the charitable Metropolitan Housing Trust and not the non-charitable Thames Valley Housing Association as it has been since the two organisations merged in 2018.

 

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