Health chiefs forced to scrap plans for new dental facility
Health chiefs in Ayr have been forced to scrap plans for a new state of the art dental facility.
The new practice was due to open in November but the cost of the project has now increased significantly, as the owners of the building have been told that the long-term loan rate has doubled. Representatives from Cumnock SPV, the owners of the building, were told by Alhi United Bank of Kuwait want to double the interest on the long-term loan, meaning that the costs are far too high for NHS Ayrshire and Arran.
Dr Wai-yin Hatton, chief executive of the NHS trust, said that it was extremely disappointing that the deal did not go through; the trust was flexible with the deadline to accommodate other organisations but in the end bosses had no choice but to pull the plug on the deal as the uncertainty and high costs threatened patient-focused services.
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