Increased consumer demand and the rising number of buyers for day nurseries will push up the price of childcare businesses next year, predict surveyors, valuers and agents Christie and Co in 'An overview of the nursery sector in 2002'.
Meanwhile, figures released by Abbey National Business show a 63 per cent leap in mortgages for nurseries in the first six months of this year.
The rise in demand for starting or expanding childcare businesses is leading to funding being more readily available from banks. Christie and Co surveyor Courteney Donaldson said, 'We anticipate that continued strength and potential for growth, illustrated within the sector, will provide additional comfort to financial institutions, and an increased level of funding will be made available by the high street banks.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here