Andium Homes

What Andium Homes does

Andium Homes Limited is a Jersey-registered company limited by guarantee, wholly owned by the States of Jersey, and operates as Jersey's largest not-for-profit provider of affordable housing. Incorporated in 2014 as part of a housing transformation programme, the company manages more than 4,900 properties housing over 10,000 Islanders and operates exclusively within the Jersey market. Its core products are rental housing (charged at 80% of market rent in line with Government policy, with no deposit required), and the Andium Homebuy assisted-purchase scheme, which sells homes at 75% of market value with the remaining 25% retained as a deferred bond repayable on next sale.

The technology stack is built on third-party enterprise systems: Aareon UK Ltd provides the housing management and finance backbone (with OpenID Connect/OAuth 2.0 authentication), Microsoft Planner is used for defect tracking, and QL systems manage contractor workflows. The Andium@Home portal and mobile app (iOS and Android) expose a tenant self-service layer over these systems, supporting rent payments, repair requests, and tenancy management; 60%+ of clients now use the digital channel. The Jersey Residential Design Guide is a published design standard commissioned by Andium for housing delivery across the island.

Revenue mechanics are unusual for a property operator: not-for-profit status means surplus is returned to Government (£28.7m returned to Treasury in 2025; the same figure was reported for 2018). Capital expenditure is funded through a combination of retained surpluses, social bond issuance, and Jersey's first £100m Social Private Placement secured in November 2024 from L&G and Rothesay. The customer base is bifurcated — end users are individual Islanders accessing rental or assisted-purchase pathways, while the Government of Jersey is the sole shareholder and policy counterparty. In 2025, Andium delivered 363 new homes, entered 583 new tenancies, and helped 154 first-time buyers onto the housing ladder.

Name

Andium Homes

Legal name

Andium Homes Limited

Website

https://andiumhomes.je

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Andium Homes is Jersey's largest not-for-profit affordable housing provider, managing 4,900+ properties for 10,000+ Islanders through social rental at 80% of market rent and an assisted-purchase scheme at 75% of market value, and is wholly owned by the States of Jersey.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111), Lessors of Real Estate (5311)

SIC

Operators Of Apartment Buildings (6513), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Affordable Housing Property Management (BPAJAGAJ), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ)

Keywords

• Affordable housing provider
• Social housing rental
• Assisted home purchase
• Property management services
• Housing association

Headquarters

HQ city

St. Helier

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Others

Revenue model

1. Rental Income: Rental revenue from tenants at 80% of market rent level, in line with Government policy on social housing rents. No funding from Government received.
2. Property Sales (Andium Homebuy): Assisted purchase scheme selling homes at 75% of market value. Buyers purchase 100% of the home but pay only 75% of the price; the remaining 25% is retained as a bond against the property and repaid when the property next changes ownership.
3. Annual Return to Government: Not-for-profit model returning surplus revenue to Government of Jersey. Returned £28.7 million to Treasury in 2018; invested £97 million in homes and regeneration, £18 million in repairs and maintenance, £1 million for community investment activities in 2025.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Andium Homes is Jersey's largest provider of affordable housing, managing more than 4,900 properties that house over 10,000 Islanders. The company offers social rental housing at 80% of market rent through the Affordable Housing Gateway, and operates the Andium Homebuy assisted purchase scheme that enables first-time buyers to purchase homes at 75% of market value with a deferred 25% payment and no deposit required. The organisation operates on a not-for-profit basis, returning surplus revenue to the Government of Jersey.

Product overview

Andium Homes is Jersey's largest provider of affordable housing operating as a not-for-profit social housing provider. The company's core offerings consist of rental housing management through the Andium@Home digital platform (portal and mobile app), the Andium Homebuy assisted purchase scheme enabling first-time buyers to purchase homes at 75% of market value with a deferred 25% payment, and the Assisted Purchase Pathway registration system for eligibility. The Jersey Residential Design Guide serves as a publication supporting housing development standards across the island.

Differentiator

Problem solved

Functional benefit

Brands

• Andium Homebuy: Assisted purchase home ownership scheme for first-time buyers allowing purchase at 75% of market value with deferred 25% payment.
• Andium@Home
• Assisted Purchase Pathway

Products and services

• Social Rental Housing

Quantifiable outcome

• 84% of Band 1 applicants housed within 12 months
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core, major and minor.

• Government of JerseycoreStrategic or Co-development PartnerAndium is a wholly States-owned company; Government is single shareholder represented by Minister for Treasury and Resources. Partnership in ICE Programme for long-term public investment pipeline covering housing, public realm, and critical infrastructure.
• States of Jersey Development CompanymajorStrategic or Co-development PartnerPartner in ICE Programme and Jersey's housing development; developed College Gardens with Government of Jersey.
• Ports of JerseyminorStrategic or Co-development PartnerPartner in ICE Programme for long-term public investment pipeline.
• Maven PartnersminorImplementation/ SI/ Consulting PartnerSupported competitive recruitment process for new Non-Executive Directors, overseen by Jersey Appointments Commission.
• Jersey Appointments CommissionmajorOthersIndependent body providing open and transparent process for appointment of Independent and Tenant Directors to Andium Homes Board.
• Aareon UK LtdcoreTechnology or IntegrationHousing Management and Finance System Service Level Agreement provider.
• Dandara Jersey LimitedminorImplementation/ SI/ Consulting PartnerDeveloper of recently completed developments under defects warranty.
• G4SminorImplementation/ SI/ Consulting PartnerParking management control; carries out regular parking patrols on Andium estates.

Scale indicators15 records

Recent moves2 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AndiumHomes
• Facebookfacebook.com/andiumhomes
• LinkedInlinkedin.com/company/andium-homes

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Andium Homes