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Date: 27 May 2021
Legal & General will undertake a refurbishment programme, if required, to maximise value and speed up the sale.
It also commits to cover all related agent and surveying fees and contribute towards moving costs.
Inspired Villages currently operates six later living communities across the UK and is set to add to the portfolio with a further 2,500 homes over the next six years.
Its seventh village, Ledian Gardens in Kent is set to open in 2021.
Phil Bayliss, chief executive of later living at Legal & General Capital, said: “With 3.1 million over-60s seeking to downsize their homes, and priorities rapidly changing in light of the pandemic, we are keen to ensure that Inspired Villages is able to offer this opportunity to as many people as possible, as quickly as possible.
A RETIREMENT village in Tattenhall says it s thrilled to have become one of the first communities in the UK to complete the first round of Covid-19 vaccinations. Gifford Lea s 82 residents and team members have all received their first dose of the coronavirus jab. Inspired Villages, who operate the site, have helped residents to book individual appointments as well as providing travel to their vaccination centres. Resident Jean Beatty, 91, said: “I couldn’t be more ecstatic, this is the first step towards normality again. I feel great and all residents at the village are now looking to the future!” Jessica Bennett, village manager at Gifford Lea, added: “We couldn’t be more thrilled to have successfully provided our residents with the first vaccine against coronavirus.
Excalibur Healthcare Services: Excalibur: Care home COVID-19 testing pilots a key step forward for visiting Excalibur Healthcare Services, a leading UK-based medical supplies company, announced today a key development in its COVID-19 mass testing capability following the successful completion of two significant pilot schemes. Excalibur conducted extensive testing in UK care home and retirement village settings within the last month using its Rapid SARS-COV-2 Antigen Test. The MHRA-registered test has 100% sensitivity on highly infectious people and 99% on moderately infectious.
Visual results are observed within 2-3 minutes for highly infectious individuals and lower viral load infections within 15 minutes. The test has been rated the most consistently accurate in thousands of tests undertaken by several eminent research laboratories in different countries.