A new model of assisted living - LaingBuisson Events · . Lifetime tenancy – security and...

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A new model of assisted livingA presentation by Mel Knight27 September 2018

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Birchgrove: assisted living apartments for market rent

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RationaleWhy for rent?

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Why not rent? Customer advantagesMaking it easy for customersNorm in the USNo service charges

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ModelWhat is the customer offer?

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Lifetime tenancy – security and certaintyEasy to move/leaveMostly inclusive package – easy for residentsIFA supportAs much independence as residents want/can manageCost – weekly fee

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Roll outThe medium term future

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First development at Sidcup, London Borough of Bexley:74 units (1, 2, 3 beds)Opening 2Q 2019

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Sidcup – opening 2Q 2019Woking – start on site 4Q 2018

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Sidcup – opening 2Q 2019Woking – start on site 4Q 2018Ewell – in for planning – start on site early 2019

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Sidcup – opening 2Q 2019Woking – start on site 4Q 2018Ewell – in for planning – start on site early 2019Circa 5 more starts in the next 5 years

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Questions?mel@birchgrove.life

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