
Buying a care home site
With the UK’s over-85 population projected to double by 2045, the demand for high-quality care home sites has never been higher.
In his latest article, James Khakpour-Smith, Partner in our Commercial Property department, explores how operators can use land option agreements to secure development sites. With the government’s new ‘Grey Belt’ policy and updates to national planning rules, many sites previously ruled out are now becoming viable opportunities for the social care sector.
James breaks down the essential legal and commercial roadmap for a successful acquisition, from navigating CQC regulatory alignment and thorough title due diligence to negotiating complex trigger events and purchase price variables. As interest rates are expected to ease, the article highlights why well-executed developments currently offer attractive returns for investors and existing homeowners alike.
Read James’ full article in Healthcare Property here: https://healthcare-property.com/features/buying-a-care-home-site/?token=641a5fe7-7ba8-4a15-ba4b-6dfab6bef264
Disclaimer: General Information Provided Only
Please note that the contents of this article are intended solely for general information purposes and should not be considered as legal advice. We cannot be held responsible for any loss resulting from actions or inactions taken based on this article.
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