Chat 1

Mutual due diligence creates strong supported living partnerships

4th January 2024

When entering a supported living arrangement, just like any other business relationship, we strongly recommend that thorough due diligence is essential for both care providers assessing landlords and landlords assessing providers and any other third parties that may be involved such as Housing Associations. 

This mutual vetting lays the foundation for a strong partnership built on knowledge trust and understanding. 

For example, care providers should research landlords' reputations, property portfolios, communication skills, and commitment to maintenance and understanding of the sector. 

Landlords should check providers' experience, whether they operate in the regulated sectors and are registered with either the CQC or Ofsted, are their policies clear and up to date, staffing levels, and financials as a starting point. 

This provides confidence that each side will uphold their end of the arrangement - the landlord maintaining the property to suitable standards and the provider delivering quality care and support.  

Robust due diligence ensures the property meets tenants' accessibility and safety needs. It also gives both partners confidence they can address issues collaboratively for the benefit of those most vulnerable in society. 

By taking time to thoroughly vet each other, landlords and providers thoroughly gain crucial knowledge to craft a partnership that enables excellent care provision. This mutual assurance creates supported living arrangements where all parties - tenants, providers, and landlords - can thrive and grow. 

This and many other areas of the industry are covered at our networking events. 

We also go into this on both our property developer training course and our course specifically for care providers, our next in person networking and training event will be held in the North West on the 23rd of January, get in touch to find out more hello@supportedlivinggateway.com.

Related News

18th March 2024

Insider Insights from specialists in supported living properties

At our recent networking event, experts in developing and managing supported living properties shared invaluable insights.

Read the article >
20th February 2024

Investing in Children's Homes: A regulated, but very rewarding opportunity

Investing in homes for children in care is unique and different from regular property investing. It is highly regulated, and you have to go through a lot of hoops, but it can also be very rewarding if done properly.

Read the article >
2nd February 2024

Local council looks to the private sector to save £m’s on temporary accommodation

Liverpool City Council is looking to the private rented sector (PRS) to alleviate the cost of temporary accommodation to support families facing homelessness which has risen by an incredible 10,000% in five years. This dramatic increase demonstrates that the demand for property, not just in Liverpool but across the UK, has reached a crisis point.

Read the article >
15th December 2023

How private landlords can help solve the homelessness crisis

As the winter season is upon us, the homelessness crisis in the UK is deepening. This issue was discussed in an Inside Housing article where they highlighted that there has been a 6.8% increase in households facing homelessness or at risk of it compared to the previous year.

Read the article >