Transparency is really important to us and the process of setting up a supported living lease can seem complicated.
Here is a step-by-step guide highlighting all the actions involved in finding a property through our Portal, the order they need to happen, and when our fees are paid.
For more information on our fees, click here.
Photo by Vardan Papikyan on Unsplash
Operating a supported living service is immensely rewarding, but also comes with many challenges. Proper preparation across several key areas is vital for putting your business in a position to thrive long-term. This also shows local authorities, regulatory bodies, and of course future landlords and investors that you have the right foundations to build your business.
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In a recent article published by Dimensions, a leading provider of support for people with learning disabilities and autism, they delve into the concept of supported living and how it differs from traditional residential care settings.
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The demand for supported housing in England is skyrocketing and we are looking for property investors who can help. By 2040, an additional 167,329 supported housing units will be required across England - a 33% increase from current levels. That's on top of the already 509,873 existing units provided by housing associations and local authorities.
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If you have purchased a property used for care or supported living and/or spent thousands of pounds to develop, refurbish and adapt a building used as a care facility, you are likely due a tax repayment and future tax savings from HMRC.
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