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Growing your business
Grow your residential property portfolio with OakNorth’s specialist streamlined finance
The property market moves fast – especially when it comes to residential investments. Despite the precarious economic climate and rising inflation, house prices haven’t plummeted – and aren’t currently showing any signs of doing so just yet. In fact, despite rising inflation, the UK rental market expects to see rising demand according to research from Handelsbanken. […]
About OakNorth Bank
How mentorship helped me – and how it can help you too
When starting out as an entrepreneur, the only thing that’s guaranteed, no matter what your level of business acumen, is that you are about to embark on a never-ending learning curve. You’ll encounter challenges and lessons at every step of the way. In my experience, one of the key components to successfully navigating the journey […]
Senior living
Care industry recruitment and retention: challenges and opportunities
We all know that care is a people intensive sector and staffing is widely considered to be the biggest challenge facing the sector right now. According to a report from Skills for Care, England’s social care workforce will need to increase by 490,000 (29%) by 2035 to about 2.16 million jobs, to deal with the […]
About OakNorth Bank
Banker’s view: why I became a Member of the Royal Institute of Chartered Surveyors
There are many bankers and many chartered surveyors, but very few are both. Our Director of Debt Finance Greg Manson has recently qualified as a Member of the Royal Institute of Chartered Surveyors, and he shared with us how having the knowledge of both industries gives him an edge when making lending decisions. I’ve been […]
Industry news
COVID-19 and the Care Quality Commission backlog: an ongoing challenge for the care sector
OakNorth Bank has lent several hundred million pounds to the senior living and elderly care sector since its launch in September 2015, and one of the things we often get asked about is what criteria we look for when determining whether to lend. One of these is the Care Quality Commission (CQC) ratings of the […]
Growing your business
Senior living is going green: how the care sector is championing carbon-neutral practices
Research carried out in October last year revealed that more than a third of global consumers are willing to pay more for sustainability. So, it’s perhaps unsurprising that we’re seeing more and more of our borrowers in the senior living and care sector making investments to reduce their carbon footprints, and develop new sustainable care […]