10/17/2024

FUNDED: Ridgeway Nursing Home

Independent Finance Broker, Christie Finance, is delighted to announce we have successfully funded the purchase of Ridgeway Nursing Home in Derbyshire.

Independent Finance Brokers, Christie Finance, has announced the completion of Ridgeway Nursing Home located in Derbyshire.

Lawrence Roberts, Regional Director at Christie Finance comments, “I am pleased that I was able to find a competitive funding package for Mr Bailey, especially in the current lender market. Mr Bailey’s experience and knowledge of the sector coupled with our experience with lenders in this sector, generated a positive outcome for all. I have no doubt that Mr Bailey will make this home a success and will go on to purchase more, providing outstanding care for service users.”

Dave Bailey at Ridgeway Nursing Home, comments, “After 20 years’ experience in the sector as a care Provider and co-owner of a small group of homes, my personal circumstances took a change of direction.  This nursing home met all my requirements, and I spoke with Lawrence and his team to start the process of securing finance. There were a few hurdles along the way that we had to negotiate, but Lawrence and I spoke on a regular basis, and he always kept me up to date with progress.  There were some days when I doubted I would achieve my goal, but Lawrence worked tirelessly and gave me confidence that this would materialise.  In the end, he helped broker me a very good deal with a lender that ensured the acquisition could go ahead and duly complete as expected.

I am delighted with the home I purchased and hope to improve things further in the coming months as I identify our strengths and any areas of development.  I also plan to introduce electronic care planning and improve medication management in the near term, as these measures will greatly enhance service quality.

In the future, I aim to expand my portfolio in and around the Midlands and ideally within the Nursing sector.  I will be keeping in touch with Lawrence, and if new opportunities arise within the next year, I will definitely be running things by him I would thoroughly recommend Christie Finance for anyone looking to enter the market as a first-time buyer, or like me, an experienced operator who needed to finance his first lone acquisition.”

For further information on this press release, contact:

Niamh Toman
Junior Corporate Communications Executive
M: +44 7768 646 984
E: Niamh.toman@christie.com 

Contact the brokers:

Lawrence Roberts
Regional Director
M: +44 (0) 7702 809 566
E: Lawrence.Roberts@christiefinance.com

John Mitchell
Managing Director
M: +44 7974 265 259
E: john.mitchell@christiefinance.com