Our task was to develop a solution which would meet the accommodation needs of junior doctors and 96 medical students at a two-site, 840 bed acute trust.

After developing a document to determine and compare the options, a hybrid Outline Business Case was developed and completed by Fowler Consulting where the Trust was able to determine a preferred solution which focused on a new build solution that would create a capital receipt and reduce revenue costs for the Trust.

More specifically the trust decided to enter in to a Sale and Leaseback arrangement for the medical accommodation, selling existing residences and going into partnership with a Registered Social Landlord.

The benefits to the acute trust of the arrangement put forward by Fowler Consulting  included –

• Quality accommodation at a lower than market rent.
• A performance framework (by the Housing Corporation) already in place
• Experienced staff  within the RSL to manage arrears, empty properties etc.
• Revenue saving through removal of capital charges
• A reduction in the maintenance backlog
• Outsourced management
• Greater flexibility.
• Capital receipt to aid financial recovery

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