Care home operator, Curo Care Group, has purchased two care homes in Stockport, Greater Manchester, and a further two in Cumbria as it expands its provision across the North of England with the backing of a loan from Triodos Bank UK.

Set in the town of Marple, Stockport, Marple Lodge is a 20-bed care home providing residential, mental health and dementia care. With 19 beds, Grove Lodge is in the nearby village of Hazel Grove and shares the same specialities.

Set on the outskirts of Cockermouth, Cumbria, Hames Hall is a 25-bed care home offering palliative, residential and respite care. Providing 18 beds, Chichester Hall is close to the seaside town of Silloth, Cumbria and offers the same specialities, as well as dementia care. 

 All four homes have a Care Quality Commission rating of Good and bring Curo’s portfolio to nine homes across the Northwest and Yorkshire.

Curo’s managing director, Mike Kneafsey, was raised in one of the homes now owned by the company and continues to manage the home together with his wife Beverley. 

He said: “It’s a responsibility and a privilege to give our residents a home and we take great care to make sure each of our care homes have a welcoming, friendly atmosphere where employees are supported and empowered and where strong bonds are formed with local communities. We look for homes that share this ethos and where we can give management teams the autonomy they need to provide personalised care that’s best for their residents. Each of the new homes are ideal additions to the group.”

Tom Procter, senior relationship manager at Triodos Bank UK, commented: “As a bank that finances organisations working for a world where everyone can thrive at any stage of life, we have extensive experience in the care sector. Curo’s ethos as a care provider is closely aligned with our own values as a bank, including its efforts to prioritise environmental responsibility such as its work towards improving the EPC ratings of its homes. As demand for care home spaces continues to rise across the country, we welcome the opportunity to support organisations like Curo in their ambitions to grow.”

Commercial finance brokers YB Financial Advisory introduced Curo to Triodos Bank UK.

Paul Grace, managing director at YB Financial Advisory, said: “There was a real cultural alignment between ourselves and Curo & Triodos as we were all looking to achieve a common aim of working together on a project that will benefit the wider communities we live and work in.”