Pinnacle becomes Legal & General Affordable Homes’ leading managing agent
12 April 2024
Pinnacle Group (Pinnacle) has more than doubled the number of homes it manages on behalf of Legal & General Affordable Homes (LGAH) becoming our leading managing agent.
The housing services provider has taken on management services for an additional 900 homes – a mix of affordable rented and Shared Ownership – spread across the Southwest and Midlands, including The Berries in Paignton, Devon and Cross Trees Park in Shrivenham, Oxfordshire.
In total, Pinnacle will now be responsible for managing around 1,800 homes for LGAH, with a pipeline of new properties expanding the portfolio to at least 2,600 homes over the next few years.
Shaun Holdcroft, Operations Director, Legal & General Affordable Homes, said: “Pinnacle is a trusted partner of Legal & General Affordable Homes and we are proud to have formed a robust and long term relationship over the past five years. We look forward to working with the Pinnacle team as we continue to serve our current and future residents by providing high quality, affordable housing right across the country. Our aim is to better people’s lives and ensure that everyone has access to a safe and secure space to call their own.”
Claire Kober, Managing Director, Homes at Pinnacle Group, said: “Having begun our relationship with LGAH back in 2019, we’re thrilled our reputation for providing market-leading housing services has resulted in us becoming their leading managing agent.
“With our teams already delivering on the ground for the first tranche of new homes, we now look forward to serving even more communities across the country as the additional homes come under our management.”
Pinnacle’s role will include tenant on-boarding and management, building compliance, defect management, maintenance and void management.
They will also work in close collaboration with LGAH in advance of the property handover stage, including liaising with relevant local authorities on nominations agreements and the production of welcome packs and home user guides for prospective tenants.