Website of The Care Home Environment Magazine

News

Atelier provides £9.8m loan for London home purchase

Atelier provides £9.8m loan for London home purchase

Specialist development finance lender Atelier has announced a £9.8m loan for the acquisition and refurbishment of a vacant care home in New Southgate, North London.

The loan will be used to reconfigure the care home internally and refurbish the building to provide up-to-date care facilities.

A report from the Greater London Authority last year highlighted that a decade-long care home creation project was needed to address the capital’s ageing population. With the over 65s population estimated to grow by 11 per cent over the 5 year period to 2027, Atelier hopes that the new facility will help address an undersupply of care home beds in London.

The news follows two development loans provided by Atelier over the past two months to build a new 131-bed home in West Yorkshire and for a 60-bed home in Cheshire.

Rav Kudhail, lending manager at Atelier, said: “This is our second transaction to support a UK-wide care home operator with the acquisition of an existing asset which will be refurbished and operated by our borrower once complete, providing high-quality care facilities in the area.”

Event Preview

UK Care Week

Uniting the Care Community UK Care Week brings together care professionals across the UK for two days of networking, collaboration and celebration, whilst addressing the biggest challenges facing the industry. Experience interactive show features, live products demonstrations and pivotal talks from industry experts that enable you to implement positive change.  Together, you’ll have the...

See selected highlights

Features

Quality of life: a people-first approach

Nicky Whittaker, national account manager at Miele Professional, looks at the importance of quality of life for care home residents and what steps should be taken to ensure it continues to be a priority, both now and in the future

Care home visits: a fundamental standard

Tom Lumsden, a partner at CooperBurnett LLP, looks at the new ‘fundamental standard’ on visiting in care homes

Successfully challenging a CQC inspection report or rating

While a daunting prospect, CQC ratings can be successfully challenged by providers if they do so in a reasonable, proportionate, and evidence-based way, as Laura Hannah, partner in the regulatory department at law firm Stephensons, explains

Stairlifts and home lifts: time to raise your game

As the design of stairlifts and home lifts continues to be enhanced by the latest technology, an increasing number of care providers are installing them in new builds and retrofitting them in existing buildings to make them fully accessible to residents, staff, and visitors.

Products

LATEST ISSUEs

February 2024
January 2024
November 2023
October 2023

Upcoming Events

Care England Conference

Church House Conference Centre, Westminster, London
14th March 2024

UK Care Week

NEC, Birmingham
20 March 2024 - 21 March 2024

Care Roadshows - Glasgow

Hampden Park Stadium, Glasgow
16th April 2024

Care Show London

ExCel, London
24 April 2024 - 25 April 2024

Future of Care Leaders Conference

The King’s Fund, London
Tuesday 30th April 2024

Care Roadshows - Liverpool

Aintree Racecourse, Liverpool
14th May 2024

Upcoming Events

Care England Conference

Church House Conference Centre, Westminster, London
14th March 2024

UK Care Week

NEC, Birmingham
20 March 2024 - 21 March 2024

Care Roadshows - Glasgow

Hampden Park Stadium, Glasgow
16th April 2024

Care Show London

ExCel, London
24 April 2024 - 25 April 2024

Future of Care Leaders Conference

The King’s Fund, London
Tuesday 30th April 2024

Care Roadshows - Liverpool

Aintree Racecourse, Liverpool
14th May 2024

Step Communications Ltd, Step House, North Farm Road, Tunbridge Wells, Kent TN2 3DR
Tel: 01892 779999
www.step-communications.com
© 2024 Step Communications Ltd. Registered in England. Registration Number 3893025