Capital investment?

Posted on January 1st, by editor in Caring Times. No Comments

The Mayor’s Consultation Draft London Plan would effectively halt care home development in the capital and may have wider implications, says PETER DINES, planning partner at Gerald Eve with special interest in the care home sector

Town Planning policy has struggled to get a consistent and meaningful grip on the issues facing it in respect of the UK’s growing ageing population. In particular it lags behind initiatives on pensions and care.

The background evidence is compelling: an increasing number of us are living longer and a larger proportion of the population is in the over 60 and over 80 age categories than ever before as post war population effects have worked their way through. The ageing of our population brings with it the associated effects of more people with age related frailty, be it physical or mental.   While the general policy may suffer from a lack of direction, the picture in London is now very different. Unfortunately, however, different in a way which will load additional costs and development burdens on the care home industry. The new consultation draft replacement London Plan policy states that new care home developments (and other forms of development catering specifically for older people) w

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