Property sales and values: star ratings and grading
By BEN HARTLEY, Consultant, GVA Grimley
Many column inches have already been devoted to the gradings (Scotland) and star ratings (England) being introduced in April and May, respectively, by the Scottish Care Commission and the Commission for Social Care inspection (CSCI).
This article will focus on our views at GVA Grimley of the effects on value, saleability and the care home transaction market in general. The new arrangements briefly involve the following: