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Prime Minister Backs Possible NHS-Owned Housing Association

U.K. Prime Minister Theresa May

During a BBC interview with Andrew Neil, Prime Minister Theresa May endorsed the Naylor Report, which proposes selling off derelict NHS buildings and land, and opens the door for the creation of an NHS-owned housing association. 

The Naylor Report, which was published in late March, revealed that the NHS needs a capital investment of £10M, with which May agreed. She said the new investment is separate from a previously promised £8B investment.

The report by Sir Robert Naylor suggested the NHS could form its own housing association and build homes for its own staff. 

“Land sold by the NHS should be prioritised for the development of residential homes for NHS staff,” the review said.

The NHS-as-landlord scheme would allow employees to “benefit from a share in any equity increase on their retirement and the property leased on to a new member of staff who could subsequently benefit in a similar way.”

Deloitte, which was consulted on the report, said £2.7B could be raised by selling surplus NHS land and buildings, and about 40,000 new homes could be built with the funds.