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News Release

London

JLL comments on Conservative manifesto proposals on social care


​LONDON, 18 May 2017 - Commenting on social care proposals in the Conservative manifesto, James Kingdom, Head of Research for JLL’s Alternatives team, said: "The increase in the threshold for public pay care to £100,000 is to be welcomed. The current level has been unchanged since 2010 and is no longer applicable to the majority of elderly households.

"However, this may merely be a fig leaf policy if there is no fresh new funding accompanying it. This move alone will do little to remove the continued pressure felt by operators reliant upon local authority income. Rising staff costs remains major challenge and the move to more deferred payments will fail to bring any additional cash flow when it is most needed.

"It is also vital that the next government provides the conditions for a range of elderly accommodation options. Housing with care provides a clear pathway for the elderly and will help take the pressure off care homes. With over 65 s set to reach 25% of the population within a decade, this issue needs urgent attention as one of the biggest challenges facing older people is a complete lack of appropriate housing choices to suit their lifestyle, care or support needs as they age. Those still reliant upon self paid care will still need good quality care providers and high quality real estate whether care homes