Walden Care have purchased 2 operating care homes and also have a funding facility in place to refurbish their existing units and purchase 1 turnkey home. 

 

Royds Withy King are delighted to invite care owners and directors to our 'future of social care' seminar in Surrey. In conjunction with our guest speakers we will explore what the future holds for care providers in a world of changing consumer law, workforce challenges and technology.

Join Edward Cooper Young Chartered Surveyors at the NEC on 17th October.

Our Senior Associate, William Richardson and the Health Care Team of the practice will be attending the 2018 Care and Dementia Show. The event takes place at the NEC in Birmingham and we'll be located at stand N12.
 
 

The UK’s care homes remain a compelling proposition for investors, providing a defensive investment opportunity in the face of Brexit, according to the latest research from global property advisor Knight Frank.

Knight Frank’s 2018 Care Homes Trading Performance Review demonstrates that the sector continues to be resilient despite uncertainty, with occupancy rates standing at a record high of 89.4%, whilst average weekly fees have risen for the seventh consecutive year, by 3.7% to £773. Profitability stands at 28.3% as measured by EBITDARM.

Edward Cooper Young provided a tailored Development Management Services on this scheme, acting as the focal point of the development.

This included agreeing all the pre-contract elements the external funding, specification, contract negotiations and full post contract management and co-ordination up to Practical Completion.

See some great drone and internal video of the recently completed Care Home in Biggleswade.

 

The care sector is understandably one of the most closely regulated sectors in the UK. Perhaps more than any other market, it is influenced by political and social factors in addition to demographic, economic and property trends.