The UK is facing a £15bn bill to replace 6,600 lost #carehomes over the next five years, global property consultancy Knight Frank
Knight Frank’s Care Homes Trading Performance Review says the UK is
facing a national care home crisis with the loss of 140,000 beds. 2016 brought an annual net loss in UK care homes and beds of 11% and
5%, respectively and the research
estimates that circa 6,600 care home’s are at risk of closure over the
next five years. It will cost
approximately £15bn to build the new homes to replace these beds.