Our experienced health and social care solicitors can advise health and social care providers on all aspects of buying and selling care homes and can support them through the process from a legal perspective.

The buying and selling of care homes is a complex process and can involve the care home itself, together with the goodwill of the business and the equipment. At Anthony Collins Solicitors, our specialist health and social care team have extensive experience in advising on the buying and selling of care homes, along with shareholder agreements and all aspects of partnerships.

Typically, the process will begin with Heads of Terms being signed, which are effectively are a summary of the key points agreed about the sale. Following the Heads of Terms being signed, we work with our clients to carry out the due diligence process to highlight any areas of concern which could lead to renegotiation of the price or negotiations to be ceased altogether.

We work with health and social care providers to ensure thorough due diligence has been carried out about the buying and selling of care homes. This can include, reviewing title and carrying out searches on the properties, reviewing residents' contracts, block contracts with local authorities, registration, regulatory and inspection issues and employee issues.

Buyers need to be aware of any matters which may affect the property, such as restrictive covenants, planning permissions and environmental issues. If any of the properties are leasehold, the terms of the lease should be carefully reviewed. It is crucial that buyers are fully aware of any issues before completing the transaction to ensure they can run the care home in accordance with their business plan.

How we can help you with the buying and selling of care homes

Our experienced health and social care team work in partnership with health and social care providers to support them through the process of the buying and selling of care homes from agreeing on terms to completion, including:

  • Preparing Heads of Terms.
  • Assisting you with the due diligence process.
  • Preparing share purchase or asset purchase agreements.
  • Advising on the transfer of employees.
  • Advising on the transfer of care home premises.
The spread of necrotising fasciitis
The spread of necrotising fasciitis

Necrotising Fasciitis, more commonly known as the ‘flesh-eating disease’, is a significant medical condition that requires urgent treatment.

Richard Handley Inquest
Richard Handley Inquest

Many of us who have been following the unfolding Inquest, are not surprised that the Coroner found gross and significant failures on the part of those caring for him.

Recovery of fire safety costs from leaseholders
Recovery of fire safety costs from leaseholders

In all the action to remove defective cladding, leaseholders have been the elephant in the room. Whilst social landlords might have adopted a wait and see approach private landlords do not have that luxury.

Transforming Business
Transforming Business

We welcome the Labour Party’s commitment to doubling the size of the co-operative economy. We wholeheartedly support the ambition to grow this vitally important part of the economy.

Converting to a Charitable Incorporated Organisation
Converting to a Charitable Incorporated Organisation

It was first referred to in the Charities Act 2006 (which was subsequently replaced by the Charities Act 2011) but it has finally been announced that charitable companies are able to convert to a charitable incorporated organisation (“CIO”).

Impact of Homes (Fitness for Human Habitation) Bill
Impact of Homes (Fitness for Human Habitation) Bill

The Private Members Bill Homes (Fitness for Human Habitation and Liability for Housing Standards) Bill 2017-19 now has Government support and was debated at second reading on Friday 19 January 2018.

Sign up to Newsroom

To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.