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Investing in care homes on the rise

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With an aging population, demand for care homes in the UK is increasing and the number of investors looking to benefit from this growing sector is rising accordingly.

According to a new report, Halls, hotels and care homes: the changing face of UK property investment, published by BuyAssociation, care home investment is proving to be a popular choice for people searching for a steady income stream, and choosing wisely can lead to very healthy returns.

They’re also tax efficient; as care homes are classed as commercial assets, they can be included in Self-Invested Personal Pensions.

The report points out that the number of people aged 65 and over is forecast to make up 23% of the UK population by 2035.

Therefore the demand for residential care homes and nursing homes continues to grow apace.

A lack of bank lending for new construction in this area means that it’s opened up to private investors and funds, and as the NHS frequently pays more than 50% of the revenue per home, it’s seen to provide more security than other forms of buy-to-let investments.

To read the full report, Halls, hotels and care homes: the changing face of UK property investment, click here

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