[4] Since 2012, the company has been a wholly owned subsidiary of Terra Firma Capital Partners.

[3] In 1996, the MoD sold all its housing for military personnel and their families, 57,400 properties, to Annington Homes for £1.67bn as part of a broader process of privatisation of state assets, making Annington the largest owner of residential property in England and Wales.

[3] In 2022, the MoD announced plans to use the Leasehold Reform Act 1967 to reverse the privatisation deal and return the properties to public ownership.

[5] In December 2024, Annington agreed to sell 36,347 homes (the Married Quarters Estate) back to the MoD for £5.99 billion, ending the legal dispute.

The deal ended a "huge annual rental bill", saving around £230m a year.