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07 November 2016 | Care Mortgages

The state of health for care home funding

There is a continuing flow of conflicting information that is published about the care sector and the ongoing challenges it faces.

There have been a number of highly publicised failings by some operators and the recent changes to the CQC inspection regime, have caused a raft of criticisms for all types of operators. The ongoing concerns surrounding the impact of the National Living Wage and the shortage of nurses are other factors placing a strain on the sector.

From a finance perspective, care homes are an unpredictable sector and the success of a finance application is often geared around two things, the experience of the buyer and the quality of the home.

The vast majority of lenders still have their head in the clouds asking for the ‘perfect’ deal – 40+ beds, purpose built, a glowing CQC report and a stable team of fully qualified staff.

Nonetheless, we are still securing market leading terms for our clients by using our unrivalled sector knowledge and insight with lenders to overcome the challenges they see.

At Christie Finance, we specialise in securing competitive funding packages for all styles of homes and for all types of operators. We have successfully put together a number of finance packages for both acquisition and refinance purposes across the country and our ‘Whole of Market’ approach means you can rest assured we will work tirelessly to get you the finance you need.

We will help guide you through the process from start to finish, so if you would like to have a chat about your options please get in touch with Stuart Pawelczyk on 0121 452 3701