The homes will add 136 beds to the care group’s portfolio, with the 59-bed Maltings Care Home set to be located in Bridlington, East Yorkshire.

The building has been purchased complete and ready for use but Fisher Care plans to develop the facility further. It is expected that the home will be operational by March 2026.

A second care home, Atkinson House in Leeds, is also being developed by Fisher Care and will have 76 beds.

With Fisher Care’s head office in Newcastle and an existing two care homes in operation across Yorkshire, these two additions will see the group expand its presence in the North of England, bringing its portfolio in the region to four.

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 “Our commitment to providing kind, compassionate and safe care services forms the cornerstone of everything we do at Fisher Care Group,’’ said operations director Joshua Fisher, the son of founder John Fisher, who set up the care home group in 1986.

“These two additions to our portfolio of homes mean that we can expand on our mission of providing places that immediately feel like home, where residents and their families can spend precious time together.”

Ben Honeyman, senior relationship manager at Triodos Bank UK, said: “As part of our focus on wellbeing at Triodos Bank UK, we are committed to financing values-based care providers and supporting the changing needs of the healthcare sector.

“Fisher Care’s values as a care provider matches those that we carry with us at Triodos and so we are really pleased to be able to support them in their growth.”