FUNDED: The Briars Residential Care Home

Christie Finance, commercial mortgage experts are pleased to announce that we have secured finance for The Briars Residential Care Home in Glemsford, Suffolk.

The Briars is a well-established residential care home that is registered for 17 residents and occupies a period property with substantial, modern extensions. The home is located on a main road in the picturesque Suffolk village of Glemsford, between a convenience store and a social club.

Following a confidential sales process with Rosie Turner at Christie & Co, and with funding sourced through Ashley Clements at Christie Finance, the home has been purchased by existing operator, Kay Naidoo, who has another home in the region.

Ashley Clements, Senior Finance Consultant at Christie Finance, comments, “It was a pleasure working with Kay to secure a competitive funding package for his latest acquisition in the care sector. The funding market can be challenging when expanding your business, with lenders having repositioned their appetite/policy in recent years. Our whole-of-market approach allowed me to source a selection of offers for Kay to consider, which was a key part of the process of finding the right lender. From a lender’s perspective, there is still very much a focus on experience in the sector, direct or otherwise.”

Get in touch:

Ashley Clements
Senior Finance Consultant
T: +44 7714 138 984
E: ashley.clements@christiefinance.com