Christie & Co- Care business market demand stays strong

Rob Kinsman, our Regional Director for the Care team in the South has recently published a blog which we thought might be of interest to you. It highlights the demand in the market for smaller, converted care homes with input from our sister company Christie Finance about the funding available for first-time buyers and new entrants to the sector.

The full blog can be found here: https://www.christie.com/news-resources/blogs/market-for-smaller-converted-care-homes/

If you are interested in finding out more, you can reach our team via care@christie.com or by calling 0333 034 1750. For further information on Christie Finance and funding available for care homes, they can contact the team on enquiries@christiefinance.com or 0344 412 4944.

In addition, the performance of the market in Q1 has been outstanding the demand for care homes of all sizes is strong across the country. We are over 100% ahead of where we were for the same period last year for deals being agreed on care home sales. We understand from speaking to operators they are nervous about the changes to NICs impacting the value of their business, but buyers have been undeterred. The average size of homes sold was 33 beds, but ranged from 5 bedrooms to 119, demonstrating the demand across the full spectrum of the market. Our valuation services team has also been instructed to provide professional advice across the entire country – supporting operators through refinance, revaluation and expert witness advice.

If you have any questions, or require any further information, please do get in touch.