As government grants for Housing Associations are becoming rarer, Anchorwood Limited was created as a way to ensure we could secure additional revenue within our group and invest in new affordable homes.
Anchorwood Ltd was formed on 25 June 2015 and is a commercial trading subsidiary company of North Devon Homes.
The company is governed by a board of seven Directors, four of whom are also trustees of North Devon Homes. This board ensures that Anchorwood operates effectively in accordance with its Memorandum and Articles of Association.
The trading activities of Anchorwood Limited are to provide market sale properties and commercial housing services. Any profits that Anchorwood Limited makes are reinvested into the charitable parent company, North Devon Homes.
Our Group Structure