Tag: Property1


Housing 21 opens extracare units in Kent

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

Two new Housing 21 extracare housing developments were opened recently in Wilmington, Dartford, Kent.

Emily Court and Adam Court have been built on the site of the former Stanley Morgan House residential care home, to allow older people and adults with learning disabilities the opportunity to live independently in accessible rental accommodation.

Emily Court is the first of seven extracare schemes which are being built across Kent. It will provide 40 self-contained apartments for older people with support on hand should they need it. Nearby Adam Court will provide nine apartments for people with learning disabilities. The schemes have been built by United House Ltd.

The £72m partnership between Kent County Council and ten of the 12 district and borough councils in the county will provide 275 extracare apartments along with 65 supported living apartments.

In addition to the well-equipped, high specification … Read More »


Green shoots or dead man’s boots?

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

Are comments regarding economic ‘green shoots’ premature for the healthcare market? TOM ROBINSON of Edward Symmons Healthcare doesn’t think so.

I won’t hide behind word-play describing ‘herbaceous economic sproutings’ or ‘springlike uprisings’ as the fact remains that there appears to be increased activity in the healthcare market. Nonetheless, one shouldn’t conclude all is rosy and that capital growth will return to the heady days of 2006 and 2007 – the issue is much more complicated than that.

We are not claiming that recessional worries are irrelevant as care homes have been affected over the past two years, albeit not as much as general commercial (40% down) and residential (20% down) property, but this is likely to be a question of different cycles. The fundamental reason why profit multipliers are lower than before is because future profits are under threat and a … Read More »


Fremantle Trust buys a new head office

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

The Fremantle Trust, which operates in Buckinghamshire, Barnet, Bedfordshire, Harrow and Maidenhead (and is the largest single care provider in both Buckinghamshire and Barnet), is moving into a new headquarters building.

Aylesbury-based Fremantle has been operating since 1992, when it was set up by Buckinghamshire County Council in order to externalise its care provision. Fremantle has contracts with the local authorities in region to provide social care for older people and people with a learning disability. It also sells private rooms in its care homes for older people.

Chief executive Carole Sawyers said the Trust to date had rented its office premises.

‘This new headquarters, on the Rabans Lane Industrial Estate, is being purchased by the organisation,’ said Ms Sawyers. ‘As our tenancy was approaching the lease break point we researched the market and discovered that if we bought a … Read More »


Retirement housing options

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

Study finds most people don’t plan

Research commissioned by Dunwood Court, a close care retirement development in Hampshire, has found that 62% of retired people have not thought about their living arrangements for the future and almost half (49%) of people aged over 80 have still not considered this.

According to the research, of the 11.5 million people of retirement age in the UK, just 34% have considered the issue of housing in their later years. Of these, 1.27million (32%) waited until home maintenance or health problems forced them to think about their living arrangements.

Professor Malcolm Johnson, professor of health and social policy at the University of Bristol, said the survey findings were very much in line with academic studies.

‘Current cohorts of older people worry about their futures, but most do not actively plan for the time when they … Read More »


Erskine veterans move in

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

The first veterans have taken up residence in a new £8.6m expansion built by the veterans’ charity Erskine in Edinburgh.

The new building will help Erskine to continue to provide nursing and medical care for veterans in the Edinburgh and Midlothian area. Ex-Service men and women will be able to enjoy single bedrooms with full disabled access and ensuite facilities, on-site services including physiotherapy and speech and language therapy plus dedicated on-site recreation areas.


Nursing home to spend £2m on extracare development

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A Staffordshire nursing home is to spend more than £2m on developing extracare facilities.

The-45 bed Hoar Cross Nursing Home in East Staffordshire is building a new wing that will house 18 extracare units along with enhanced communal facilities for the entire home. Work is scheduled to begin on site in Summer 2010.

Each of the new one-bedroom units will comprise a self-contained living room and kitchenette, bedroom and bathroom. The extension will be linked to the existing home by a walkway and provide a new kitchen plus a second dining restaurant, two dayrooms, a salon, library and computer room for all residents.

Hoar Cross says its extracare units will cater for different levels of independence from those who, although frail, wish to maintain some independence while remaining in a care setting, to others who are in need of care … Read More »


Developers launch Larkpoint joint venture

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The Larkfleet Group has launched Larkpoint, a joint venture with Charterpoint Development Ltd, which will provide turn-key development of healthcare and retirement living facilities.

Larkpoint is currently planning a number of projects, including nursing homes, extracare facilities and medical centres. Karl Hick, managing director of Larkfleet Group, will be one of the directors of the company along with Giles Nursey from Charterpoint.

‘This is a fantastic opportunity for both Larkfleet and Charterpoint,’ said Mr Nursey.

‘By combining our respective development expertise, land bank and contacts we have a strong base from which to build a successful company within a specialist sector.’


North Tyneside extracare scheme has green credentials

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

A new extracare housing development for older people in North Tyneside has reached a key milestone in its development, as the highest point of the structure – the final chimney – has been completed.

Work started on the scheme in Linskill Park in January and despite some challenging weather conditions, contractor Frank Haslam Milan (FHM) North East is still on schedule.

North Tyneside Mayor Linda Arkley, who carried out the ‘topping out’ ceremony, said the Linskill Park scheme was one of two schemes being developed in the borough and would provide a housing option for older people with a range of needs.

Linskill Park will include an on-site restaurant and hairdressing salon that will also be open to the wider community.

Each of the 63 two-bedroom apartments will be self contained with its own front door, fitted kitchen, walk-in shower … Read More »


Christie Finance brokers Fieldbay funds

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Independent mortgage broker Christie Finance has assisted Rylan Lopez and Russell Halliday of Fieldbay Ltd, based in Swansea, in the refinancing of their care home business.

Fieldbay currently operates two care homes: Tan-Yr-Allt House is registered for 19 and Pen-Y-Bont Court is registered for 42. Evan Morgan, from Christie Finance, who handled the refinancing, described Fieldbay, which has owned both care homes for five years, as a successfully expanding company run by an extremely professional group who also have their own accountancy practise.

‘I am delighted that we have put together such a competitive package, which includes finance for future development and acquisition, with a major high street lender,’ said Mr Morgan.

‘This deal further demonstrates the importance of using a respected broker with extensive market knowledge and experience.’


Norfolk looks to private sector for new provision

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

A Norfolk County Council report has proposed a substantial increase in the use of private developers and housing associations to replace and build new care homes.

The council says its plan to create an extra 2,450 new care home places by 2020 is beyond the scope of its budget.

The council estimates that it will cost £60m alone to refurbish the council’s existing care homes. According to the report the number of people aged 85 and over in Norfolk is expected to increase by 54% by 2020.

The council has already either refurbished or rebuilt 12 care homes using capital from housing associations.

Commenting on the proposals in the report David Harwood, cabinet member for adult social services said Norfolk was facing a massive increase in demand for different types of residential care.

‘There are 26 council-owned residential homes and they are the … Read More »



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