UK faces £15bn care home replacement bill

The UK is facing a £15bn bill to replace 6,600 lost #carehomes over the next five years, global property consultancy Knight Frank
says.

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.

http://www.carehomeprofessional.com/uk-faces-15bn-care-home-replacement-bill-knight-frank-says/

Published by Residential Forum

The Residential Forum is to promote the achievement of high standards of care and support for children and adults living in residential care and nursing homes, supported housing, residential schools and colleges, hospices and hostels. It contributes to improving the quality of service to the public. Members of the Forum are people of standing and experience drawn from the public, private and voluntary sectors, as well as some who can speak for service users and carers.

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