Tag Archives: ageing population

Renting in retirement can avoid high service charges which are putting people off downsizing

This week a new research report from law firm Winckworth Sherwood and Housing LIN, asserted that housing for older people is being ignored by the government. It also highlighted the lack of choice of housing and the fact many older buyers are confused about the retirement housing options available.   80% of those surveyed claimed that […]

England’s South Coast Most Popular Place to Live for Retirees

Dorset has just topped ‘a best places to retire’ index released by Prudential this week, followed by West Sussex, Hertfordshire, Devon and the Isle of Wight. It’s no real surprise that seaside locations continue to be popular with Britain’s retirees and this also reflects our experience. It’s easy to see why, with the reasons for […]

Budget fails to address the need for more retirement properties

Today’s Budget, the first for a majority Conservative Government since 1996, failed to address the shortfall of retirement housing in the UK and included virtually no policy announcements on the UK’s chronic housing shortage at all. This was disappointing especially given in in recent years much of the Government’s housing policy has focused on getting […]

‘Last Time Buyers’ needs to be prioritised

A report published today by Legal & General[i] called “Last Time Buyer” (LTB) has found there are 5.3 million under-occupied homes in the UK, with 3.3 million last time buyers looking to downsize. According to the report, the LTB market accounts for £820 billion of the housing wealth, set to reach £1.2 billion in 2020. […]

We don’t need to ‘featherbed our pensioners’

In the recent Times article, ‘Can we afford to featherbed our pensioners?, Paul Johnson, Director for the Institute of Fiscal Studies presented just three choices of how Britain will find £12 billion a year to fund pensioners’ benefits. These ‘choices’ were – reducing benefits and services for the old, recognising that demands on the state […]

Can the ‘Help to Move’ scheme stimulate house building demand for retirement homes?

Older people should be given financial support and advice to help them downsize from the government according to new recommendations from the All Party Parliamentary Group (APPG) on Housing and Care for Older People. The Group proposes a ‘Help to Move’ Scheme that would include a stamp duty exemption for older people buying homes worth […]

Raising awareness of Older People in our society

Each year October 1st is marked by celebrating and raising awareness of older people through UK Older People’s Day (http://olderpeoplesday.co.uk). This day is recognised by all UN nations and coincides with the UN International Day of Older Person’s which first began in 1991. We fully support this day and it offers the perfect opportunity to […]

Our hopes for the budget next week

One in three babies born this year will live to 100 years old so the housing needs of an ageing population must be addressed urgently. We want to highlight that one affordable housing option for older people is renting. If older people were encouraged to rent in retirement, they could sell their homes and invest […]

UK’s largest regeneration scheme is coming to East London. Will retirement homes be included in the community?

Last week, Business Insider magazine reported that regeneration specialist Sigma Capital has agreed terms on its first London site for its private rented sector residential portfolio in east London – Barking Riverside. The 443 acre Barking Riverside site close to Barking town centre, the City of London, Canary Wharf and the Lower Lea Valley will […]

The UK has a housing crisis at both ends of the spectrum

Last week it was revealed by the Office for National Statistics* that a quarter of young people in the UK now live with their parents in 2013 – that’s 3.3 million adults between the ages of 20-34, 26% of that age group. This is up from 2.7 million or 21% of that age group since […]