Reply To: Landlord is the commercial subsidiary of a RSL

#287241
Peter Barker
Keymaster

Well, both of those definitely exist then. Futures Homescape is a registered society and a registered non-profit social housing provider; Futures Living is a company limited by shares. Ownership of the shares in Futures Living is not completely transparent under the “confirmation statement” system – we can see that the shares were originally owned by two natural persons and then by Five Doorways Homes Ltd, and we can see that the current “person with significant control” is Futures Homescape.

Five Doorways is a registered society and it says in its most recent annual return that it still has Futures living as a subsidiary, and that it is part of the Futures Housing Group.

Futures Homescape says in its annual return that Five Doorways is its subsidiary

So: Futures Homescape owns Five Doorways, and Five Doorways in turn owns Futures Living. That means Futures Living is a subsidiary of a subsidiary of Futures Homescape.

Of these entities, only Futures Homescape is a registered HA.

For Futures Homescape to describe itself in a tenancy agreement as “trading as” Futures Living is unhelpful and makes things unclear. I can see why you are struggling to understand exactly who is the landlord, and it matters because Futures Living is a bog standard LHA private landlord. Five Doorways is a non-profit body but if it’s not supported accommodation then they too are an LHA private landlord. They need to explain clearly exactly which entity in the group is the landlord.