Company Performance Metrics
North Devon Homes Limited is a Registered Provider (RP) that was formed in November 1998 to receive the housing stock from North Devon Council. In February 2000 all 3,281 homes were transferred to the new company in a transaction worth over ?44 million. A guarantee was made to all transferring tenants, to view the transfer guarantee click here.
We are a not-for-profit organisation, and as such have no shareholders. Any money received in rents is ploughed straight back into the improvement of homes and the services provided. The company is governed by its Board of Management who work in a voluntary capacity and receive no payment for their services. As an RP the company has to ensure it meets all of the high standards set by the Homes and Communities Agency.
