About ZCap
The ZCap NHS models:
The benefits:
- No GP/NHS capital investment required
- Shared ownership on lease commencement
- Full operational control – land and building
- Health/Social Care subletting unrestricted
- Unique structure minimising GP/NHS risks
- Reducing lease payments via residual value
- No negative equity or personal guarantees
- Supports recruitment and succession plans
- Integrated design, delivery and build services
- No landlord maintenance agreements
The requirements:
- £5m minimum investment threshold
- 25 year minimum investment period
- 25 year minimum ‘NHS’ FRI headlease
- GMS holder/NHS body as health partner
The benefits:
- Fully amortised loan, tax efficient structure
- 100% ownership on lease expiry for £1
- No GP/NHS capital investment required
- Full operational control – land and building
- Health/Social Care subletting unrestricted
- No negative equity or personal guarantees
- Supports recruitment and succession plans
- Integrated design, delivery and build services
- No landlord maintenance agreements
- Suitable for batch/leaseback projects
The requirements:
- £15m minimum investment threshold
- 15 year minimum investment period
- 15 year minimum ‘NHS’ FRI headlease
- GMS holder/NHS body as health partner
The benefits:
- NHS contract and building succession offered by fellow GP colleagues
- GMS & PMS contract ‘Succession Planning’ options:
- Immediate release from the contract obligations
- Deferred contract release, match retirement plan
- Silent partner, keep control, still allowing property sale
- Property ‘Succession Planning’ options:
- Full equity release via property sale, or
- Retain property and leaseback to new partnership
- ZCap funding enabling GP equity release/pension
- Suitable for single of multi-site practices
- No minimum or maximum practice size
- Continuity of service, no disruption or capacity loss
The requirements:
- Contract release suitable for all GP contracts
- GMS/PMS contracts required for property sale
- Initial property tranche to complete summer 2024
