Assisted living finance in the North West

The North West contains the Lake District, home to Scafell Pike, England's highest peak, and Windermere, the largest natural lake in England. We arrange the full range of assisted living finance across the North West, from the acquisition finance and commercial mortgages that buy and hold a trading care home or a lease-backed supported living asset, to the bridging, development, mezzanine and equity behind a build, a conversion or a repositioning. Care and supported-housing market data is published nationally by Knight Frank, CBRE and the ONS, so the figures above are presented as clearly-labelled benchmarks, while the housing-transaction figure is genuinely local Land Registry data for the towns we track.

The North West pairs large urban populations with high levels of local-authority-commissioned care and supported living, which is why specialist supported housing and exempt-accommodation activity is concentrated here. Affordable acquisition prices relative to the south mean supported living investors capture materially higher yields on registered-provider leases, while care operators benefit from a deep tenant base. Lenders back stabilised North West care homes readily, and conversions to supported housing are funded on the lease covenant and the cost of works.

On capital values, a modern, well-occupied purpose-built care home trades at an indicative £100,000 to £150,000 per bed on a going-concern basis (Knight Frank / care market commentary, 2025), with older and converted stock materially lower, while supported living is valued off the lease to the registered provider at yields around around 5 to 6% (Knight Frank UK Living Sectors Yield Guide / market commentary, 2025). Around around £12bn of UK healthcare property is forecast to transact in 2025 (Knight Frank, UK Healthcare, 2025 forecast), with investment into the wider UK Living sector reaching £3.2bn in a single quarter (CBRE UK Living, Q3 2025).

Benchmark figures from Knight Frank UK Care Homes Trading Performance Review 2025; Knight Frank UK Living Sectors Yield Guide, September 2025. Regional commentary draws on Knight Frank (UK Care Homes Trading Performance Review, 2025).