Latest News
Register your details and
recieve regular
'Market Commentary' and
news updates.
news updates.
David Stephen Partners have assisted a first time entrant into the care sector with their funding to complete the
purchase of Ambleside Care Home in Bedfordshire.
Ambleside is a former hotel which has been converted into a care home registered for 17 residents. This creates a nice atmosphere in the home that is more of hotel than care home.
Keith Watson, Senior broker at David Stephen Partners comments, ‘I was first approached by our client, who at the time had viewed Ambleside as one of a number of different opportunities and guided her through the whole purchase process.’
Each step of the transaction was carefully managed due to the confidential nature of the sale and our ability to assist with the CSCI registration process was also required.
The current difficulties in securing funding was also a factor in the deal. Keith Watson commented, ‘Negotiations on the business began through the agent Redwoods Dowling Kerr and at this stage a number of bids had already been received on the property. Due to our strong relationship with the selling agent, the vendor accepted our client’s bid and the reason for this was simple. We had already put together the financial package for the client and it was a package that could be taken forward rather than one that would fall down given the current market variances.” David Stephen Partners still have access to lenders who are lending on Base Rate, at aggressive margins and loan to value. To see if we can assist you with your next deal please contact us.
Keith Watson - Senior Broker
purchase of Ambleside Care Home in Bedfordshire.
Ambleside is a former hotel which has been converted into a care home registered for 17 residents. This creates a nice atmosphere in the home that is more of hotel than care home.
Keith Watson, Senior broker at David Stephen Partners comments, ‘I was first approached by our client, who at the time had viewed Ambleside as one of a number of different opportunities and guided her through the whole purchase process.’
Each step of the transaction was carefully managed due to the confidential nature of the sale and our ability to assist with the CSCI registration process was also required.
The current difficulties in securing funding was also a factor in the deal. Keith Watson commented, ‘Negotiations on the business began through the agent Redwoods Dowling Kerr and at this stage a number of bids had already been received on the property. Due to our strong relationship with the selling agent, the vendor accepted our client’s bid and the reason for this was simple. We had already put together the financial package for the client and it was a package that could be taken forward rather than one that would fall down given the current market variances.” David Stephen Partners still have access to lenders who are lending on Base Rate, at aggressive margins and loan to value. To see if we can assist you with your next deal please contact us.
Keith Watson - Senior Broker
If you'd like to keep up to date and receive regular email news articles then please register your details above.
Latest News
- David Stephen Partners assists another new entrant to the Healthcare market
12 Nov 2009 > Full story
- New shirt sponsor for
The Outlaws CC
30 May 2009 > Full story
- David Stephen Partners assist operator to expand
20 April 2009 > Full story
- Business running costs set to rise?
12 March 2009 > Full story
- Base rate cut to 0.5%
5 March 2009 > Full story
- Bank base rate cut to 1%
6 Feb 2009 > Full story
- David Stephen Partners fund Lincolnshire expansion
28 Jan 2009 > Full story
- Another Care Sector entrant funded through David Stephen Partners
3 Dec 2008 > Full story
- New website launched, welcome to our new look
10 Nov 2008 > Full story
- David Stephen Partners assists with funding of another new entrant into Care Sector
01 Nov 2008 > Full story
- Dream comes true for new care home owners
15 Oct 2008 > Full story
- Hayden Associates report strong activity despite gloomy outlook
11 July 2008 > Full story
- Another new entrant to Care Home owenership funded by David Stephen Partners
5 April 2008 > Full story
Market Commentary
Get the latest crucial information on the state of our markets.
Click here
Get the latest crucial information on the state of our markets.
Click here
David Stephen Partners is an appointed representative of Sesame Ltd, which is authorised and regulated by the Financial Services Authority.Sesame Ltd is entered on the FSA register (www.fsa.gov.uk/register/)under reference 150427.
The Guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.