Case Study

Restructuring and refunding - Thirteen manages 34,000 properties from North Tyneside to York, with the majority of homes for rent and sale in Teesside

Restructuring and refunding - Thirteen manages 34,000 properties from North Tyneside to York, with the majority of homes for rent and sale in Teesside

Case Study Adrian and the team at DTP understand the sector and the funding market and use their skills and knowledge to map out the best route to achieve your organisation’s long term ambitions in a very comprehensive but pragmatic way – perfect! Heather Ashton, Executive Director of Resources A different perspective Objective DTP was asked to provide intensive treasury, funding and financial advice to Thirteen. They wanted to create a new group structure that separated its social housing from its commercial activities, simplify its governance and funding arrangements, and merge several quite different providers into a single entity. What we did We put in place new arrangements to free Thirteen from the constraints of its previous funding arrangements. This has allowed it to maxi

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