Nursing Home Finance

I’d like to apply for nursing home finance, where do I start?

You may be applying for new nursing home finance, or alternatively just restructuring your nursing home finance from your bank, either way our independent commercial finance specialist will be happy to help.

Whilst banks haven’t been very forthcoming with their lending, we have been surprised by their support for nursing home finance. The key, however, is in providing a bespoke packaged finance application.

Our service

Your dedicated adviser will discuss your needs and take you through all the nursing home finance options available. Once you are happy they will approach the lender for you, agree terms that you are happy with (an agreement in principle can sometimes be reached within 24 hours), and then take your nursing home finance application from application right through to the funds reaching your account.

You will have one dedicated adviser for the whole nursing home finance application.

They will tell you everything you need to know and will take you through the whole process of applying for nursing home finance – from your application, right through to the funds reaching your account.

We also offer a fee guarantee: you won’t pay any fees unless we can help you.

Contact us today using our enquiry form.

Are lenders willing to provide nursing home finance?

Yes, lenders are always willing to consider a viable proposition for nursing home finance. At present, there is high demand for nursing home places in the UK and that demand is likely to increase as the population as a whole lives longer because longer life doesn’t necessarily mean better health.

It’s estimated that around 130,000 people enter care every year, a figure that is likely to increase along with the demand for nursing homes to provide the necessary long term care.

Using their expertise and unrivalled access to the entire marketplace, your independent commercial finance adviser will find you the best nursing home finance lender for your proposal.

Your adviser knows how each and every lender wants a proposal to be presented. They will help you prepare your application to its best possible advantage.

Will previous professional experience give me an advantage when applying for nursing home finance?

If you have previous professional experience it is likely to give you an advantage, although other factors will be taken into account when you apply for nursing home finance.

Nursing homes are very strictly monitored and controlled by local authority regulation and licensing. Even if you don’t have experience yourself, the day to day running of the nursing home must be under the control of an appropriately qualified and licensed individual.

What else do lenders consider with nursing home finance applications?

The size of the nursing home itself is an important consideration for lenders when looking at nursing home finance applications – they usually prefer larger homes, so the more rooms the nursing home has the better.

You will generally be able to borrow between 65 and 75% of the value of the nursing home, depending on its size and the strength of its accounts.

If you have any further questions about nursing home finance, our independent commercial finance advisers will be pleased to answer them.

Call your FT award winning independent financial adviser in confidence now on 0800 0112825 or complete the contact form and your dedicated adviser will contact you.

Remember: You won’t pay any fees unless we can help you.