[nomadking]

This work suggests that the NHS can release £2bn of assets and deliver 26,000 homes and with an effective programme of interventions in high value propositions in London, this could significantly increase the property receipts to a figure exceeding £5bn in the longer term.

Despite the fact that gross proceeds will in many cases be subsumed in reprovision costs, this investment could dramatically reduce backlog maintenance and will produce a fit for purpose, more cost efficient estate, which enables better patient care.

How evil can you get?

11) At a minimum, the Department of Health (DH) and HM Treasury (HMT) should provide robust assurances to STPs that any sale receipts from locally owned assets will not be recovered centrally provided the disposal is in agreement with STP plans. This report recommends that HMT should provide additional funding to incentivise land disposals through a “2 for 1 offer” in which public funds match disposal receipts.

IE not only do they keep the money, for every £1 they raise they get an extra £1 in funding.

14) Land vacated by the NHS should be prioritised for the development of residential homes for NHS staff, where there is a need. The NHS Property Board should support this.