Guinness Partnership’s subsidiary Shepherds Bush Housing Association (SBHA) could be folded entirely into the 70,000-home housing association under new proposals put forward by the boards of the two organisations.

SBHA, which manages around 5,000 homes, became a subsidiary of £459m-turnover Guinness last December. The boards of both organisations are now proposing a ‘full merger’, under which SBHA folds into Guinness entirely, with the aim of completing the move on 1 April next year.