The transfer comprises a range of tenures including general needs, leasehold, shared ownership and supported living, across nine local authorities. The majority of homes transferred on completion, with the remainder following a phased transfer plan.

The transfer enables Orbit to focus on investing in its customer experience as well as existing and new homes in its core geographical areas, and Raven to increase its portfolio of affordable homes in the South East to over 9,500.

Jonathan Higgs, chief executive of Raven Housing Trust, said: “The transfer of 2,227 homes to Raven marks an exciting milestone for our organisation and a significant step forward in our ambition to make an even greater difference across the South East.

“By growing from providing over 7,000 homes to more than 9,500, we are strengthening our position as a locally focused affordable housing provider; one that understands the communities we serve and is committed to investing in their future.

“As a housing association that has been rooted in the South East for 25 years, we know these neighbourhoods, understand the needs of local communities and are already working at the heart of them. For customers, this means having a landlord with local teams in place, local knowledge and a genuine commitment to delivering excellent services and support.

“This transfer strengthens our ability to invest in homes, services and communities, creating an even greater positive impact for both existing and new customers. It expands our capacity to provide more affordable homes, support more people and build stronger communities across the region. Most importantly, it allows us to build on our purpose of building homes and changing lives, delivering what matters to customers today and for generations to come.”

Phil Andrew, chief executive at Orbit, added: “As part of our 2030 Strategy, we’re working to optimise the geographical areas where we work and build, to enable us to be more consistent as a great social landlord for our customers.

“We believe customers receive the best service when their landlord has a strong presence in the area and are confident that Raven Housing Trust will provide long-term benefits for customers.

“Reducing the number of local authorities in which we operate means we can focus further on improving customer satisfaction, value for money and services for customers in our core areas, as well as expanding our presence in these areas to provide more people with a good quality home that they can afford, in a place that they are proud to live.”

Orbit was advised by Clarke Willmott and JLL, while Raven was advised by Trowers & Hamlins, Campbell Tickell and Savills.