Kelly McCabe, managing director of TMP, said the merger would see some of the two largest advisory firms focusing on affordable housing come together under the TMP Sherwins brand.
Ms McCabe, managing director of TMP, said: “TMP Sherwins will bring with it the years of experience and knowledge from the two firms, as well as a host of other benefits to further strengthen their position as market leaders in the affordable housing sector. So, bringing the firms together seemed to make perfect sense.”
The affordable sector represents a critical part of the UK’s housing planning framework, and Ms McCabe said the formation of TMP Sherwins would help to provide a “focus of expertise” in the sector to provide best advice to customer.
She added that it would also help to offer “unrivalled” service standards to housing associations and challenge lenders to bring a better choice of products to the market.
Mark Porter, business development manager at Sherwins, said: “This move will allow us to boost the capacity we have to deal with the increased volume of customers looking at buying through affordable home schemes.”
Background
The initial focus for the business will be to strengthen its existing presence and bolster the new management team in the coming months. Over the next two years there is a business plan to roll out a national affordable housing offering. The deal is scheduled for completion this September.
