A WORCESTER property firm has won a major new contract on a new housing development.

Mainstay Residential, based in Whittington Road, has won the contract from developer Brick by Brick to manage the first 270 units across a portfolio of 11 schemes.

Every scheme in the portfolio will be new-build with a mixture of affordable homes and private sale units.

The development, run by Croydon Council, is designed to bring more affordable housing to the area, and the units Mainstay will be managing will be a mix of shared ownership and private homes.

Charles Lucas, technical director at Mainstay, said: “Mainstay is excited about this fresh challenge, and to be working with a developer with a strong set of values.

“Both parties are passionate about operating with integrity – we saw a clear synergy between ourselves and Brick By Brick, and are confident that this will be the beginning of a long working relationship.”

Mainstay will be managing Auckland Rise and Ravensdale and Rushden, both in Upper Norwood, and Flora Court in Thornton Heath. The contract commenced in early 2019.

READ MORE: Comms firm DRPG takes home award at Worcestershire Apprenticeships Awards

Colm Lacey, CEO at Brick By Brick, said: “Customer care is extremely important to us.

"We have a complex set of properties that need careful, active and resident-focussed management, and we are delighted to be working with Mainstay to do this.

"Mainstay have an impressive depth of experience, and share our commitment to quality."

Established in 2000, city firm Mainstay was founded by Glyn Miles, Graham Donaldson and Andrew Tilly.

The business now manages more than 80,000 homes across the UK, and employs 726 people.

Earlier this year, Mainstay announced its acquisition announced its acquisition of a national portfolio spanning London, Nottingham and Wallasey.

The firm took over the portfolio previously managed by Keith Perry Chartered Surveyors on July 1 and will jointly oversee it for the next 12 months.

The portfolio comprises apartment blocks in Stoke Newington, Bloomsbury, and Bethnal Green, London, together with three smaller schemes in Nottingham, and the iconic Portland Court block, on the Wirral.