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£50m support for GP practices

Wednesday February 13th, 2019

An additional £20 million will be invested in extra support to help GPs with the cost of running their practices, making a total investment of £50 million over the next two years.medical_8112712Med

The GP premises sustainability loan scheme is in direct response to concerns raised by the BMA, and aims to ease the financial burden associated with owning a practice, in turn helping improve recruitment and retention. It means GPs who own their own premises can apply for long term interest-free loans worth up to 20% of the practice’s value.

A total of 172 practices have successfully applied for loans – around 50% of the total eligible.

Speaking at Allander Surgery in Glasgow, which is set to benefit from the scheme, Health Secretary Jeane Freeman said:

“The Scottish Government greatly values the contribution the GP profession makes to the nation’s health, and that’s why we want to make sure they have the support they need.

Both the BMA and individual GPs have raised concerns with us about the financial risk of owning premises. So we have responded directly, and this scheme helps to ‘de-risk’ general practice and reduce some of the up-front costs GPs can face when joining a practice.

In doing so, I hope this will make becoming a GP partner more attractive, making it easier to recruit new GPs to a practice. This in turn will contribute to our commitment to increase the number of GPs in Scotland by at least 800 over the next decade.”

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