Picton street sees new lease of life following housing association acquisition

In 2023, Pine Court Housing Association acquired 23 homes on Tunstall Street in a £3.2m deal with Liverpool City Council.

The once derelict road in Picton is now home to a vibrant community that is thriving just nine months following the acquisition.

Pine Court Housing Association, part of The Sovini Group, was established in 1986 as a registered social landlord, with a mission to provide quality homes and inclusive housing services for those in need.

Their acquisition of the street has seen local people benefit from an affordable route to homeownership through a Rent to Buy scheme.

As one of the Liverpool City Region’s leading registered social landlords, Pine Court has a customer satisfaction rating of 99 per cent across its diverse communities which are made up of 57 per cent minority ethnic customers.

David Brown, Director at Pine Court said: “It has been incredible to see a new lease of life injected into Tunstall Street now that our customers are settled into their new homes.”

“The acquisition of Tunstall Street has delivered on our [The Sovini] Group’s vision of a better future, as we create opportunities and change lives by helping local people to get onto the property ladder. I look forward to seeing the community continue to thrive here for years to come.” he added.

By Mark Adair – Correspondent, Bdaily

• Add me on LinkedIn and Twitter to keep up to date
• And follow Bdaily on Facebook, Twitter and LinkedIn
• Submit press releases to editor@bdaily.co.uk for consideration.

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →