Private sector to build most extra care housing schemes

    Private property developers will build most of extra care
    housing schemes in the future, community care minister Stephen
    Ladyman predicted today, writes Craig
    Kenny.

    New Asset  
    Ladyman predicts future of
    extra
    care housing schemes

    However, he confessed to being disappointed that the private
    sector had so far resisted his overtures to join in partnerships to
    build extra care housing schemes.

    Developers attending the Laing and Buisson conference in London
    complained that local authorities were resistant to private sector
    involvement and that planning regulations were too restrictive.

    Ladyman hinted that the forthcoming White Paper on adult social
    care might spell out changes in the planning regime.

    He added that developers ought to see a marketing opportunity in
    the fact that extra care leasehold homes enabled older people to
    pass on equity to their children.

    “If you put a gun to my head I would say that most common
    schemes in the future are going to be entirely privately
    owned,” he said.

    “Extra care housing schemes are the future,” he
    insisted. “Swim against the tide and you will
    drown.”

    The minister also announced 21 successful bids to the
    government’s £40 million extra care housing fund, mostly
    local authority led partnerships, that will provide 979 new extra
    care homes.

    The largest award, £9.8 million, went to an extra care
    ‘retirement village’ in Hartlepool, which will also
    include facilities for the local community.

    Eight of the successful bids will feature a mix of rented and
    leasehold units.

     

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