Later living

Later living

In the next 25 years it is expected that the number of people in the UK older than 85 will double to over 2.5 million, and yet there is currently a material undersupply of good quality, tailored housing for our growing older population. This presents huge opportunities for growth and innovation in what is an exciting and evolving sector.

Our dedicated Later Living team bring a wealth of specialist knowledge to transactions. We have extensive experience advising a broad range of later living focused clients, from specialist institutional care home funds, to developers and operators. Our work in the sector covers all aspects of the lifecycle of a later living asset, including site acquisition, development and construction, financing, corporate structuring, lettings and disposals.

We are fully immersed in the sector and the ever-changing legislative and market landscape which impacts on later living real estate assets. Our Later Living team includes specialist planning, construction, tax, real estate finance and corporate real estate legal advisers. This means that, whatever the project you are embarking on, we can provide the joined up, comprehensive and commercial advice you need.

Key experience

Preferred Homes “Extra Care” schemes

We act for Preferred Homes, a registered social housing provider, which has a strategic aim to deliver, own and manage a portfolio of new sustainable and affordable rented “Extra Care” apartments with available on-site care.

Planning advice for Eden Retirement Living

Our specialist Planning team has advised Eden Retirement Living on the planning aspects of five of their development sites. As well as negotiating section 106 agreements, we have advised on amending planning permissions through s73 and s96A applications and related s278 agreements for highway improvements.

Luxury retirement villages with Elysian

We act for Elysian, a developer and operator of luxury retirement villages. Our Corporate team have advised on the expansion of Elysian’s sites across the UK, assisting them with their group and investment structuring.

Octopus Real Estate care home fund

We have acted for the Octopus Real Estate since 2017, advising their specialist care home fund on the acquisition of many of the care homes in their portfolio. This has included acting on the acquisition of a £100 million portfolio of care home sites from LNT Care Developments, advising on forward fundings with numerous development partners and acquiring standing assets.

Meet our team