Corporates paying premiums to boost volumes

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

Specialist property agent Chantview has predicted that the coming months will be busy in terms of care home sales in the UK, with demand continuing to outstrip supply, with no identifiable factors to negatively affect the market. Chantview reports that so far in 2006 the market has been active with both the progressing of existing deals and taking on new businesses for sale. The remainder of the year is expected to be busy with sale prices holding. During 2005, Chantview’s own care home statistics show a significant improvement in business throughout all areas in the UK. A stronger recovery was experienced in the north and Midlands compared to other areas of the country. Here, figures illustrate a catching up situation, where values had been held down for a few years. Chantview director Peter Morris said there had been a strong recovery following fears in earlier years about the implementation of The National Minimum Standards, plus the closure of many care homes in these areas and improving general occupan

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