Tag Archives: business

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 […]

Is the image of retirement living about to change?

We were interested to read that Barratt Homes is moving into the retirement market and plans to start building houses for the over 55s. They are the first mainstream house builder to start targeting the older population, as they have previously concentrated on building houses for young families. McCarthy & Stone, one of the largest […]

Crucial vote on banning letting agents’ fees

We welcome the news that a proposed amendment to the Consumer Rights Bill, to ban letting agent fees, was defeated last night in the House of Commons by a majority of 53 votes. Banning fees altogether is not the best solution for lettings agents, landlords or tenants. The fees charged by lettings agents contribute 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 […]

Budget boosts housing sector and brings some good news for pensioners

Today’s budget brought a surprising boost for the housing sector. The new ‘Help to buy’ scheme will help those currently unable to raise sufficient deposit to secure a mortgage. The government plans to invest £3.5bn pound in shared equity loans and offer anyone with a 5% deposit, an equity loan of 20%, tax free for […]

We need a Minister for Older People in 2013 to tackle housing crisis

My biggest hope for 2013 is for the government to address the growing needs of the retired population in this country by appointing a Minister for Older People. Sarah Rochira was appointed as Older People’s Commissioner for Wales in April 2012 for a four year term. This is a definitely a step in the right […]

Autumn Statement – a missed opportunity to tackle retirement housing shortage

While housing wasn’t the main focus of the Chancellor’s Autumn Statement there were some interesting announcements. George Osborne confirmed that planned housing developments that had been put on hold during the recession will receive a new lease of life with a £225m injection of cash which may see 50,000 new homes come onto the market. […]

A new retirement fund for London – it’s a step in the right direction…

I was delighted to read Boris Johnson’s announcement yesterday of a £60m investment fund to invest in retirement properties for London. Retired people in London and indeed the UK need someone to champion them and equally, the acute shortage of retirement property for sale or rent in the UK is a major issue that has […]

Montague report is good news for the private rental sector

This week has seen the publication of Sir Adrian Montague’s government-commissioned review into the housing shortage. Sir Montague has recommended a number of changes to increase the supply of new homes – the most controversial involves the waiving of affordable housing requirements to encourage investment in the private rental sector and boost development. We welcome […]