Tag Archives: private rental sector

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 […]

Housing solutions needed for those at the top of the ladder too

I recently received an email from Grant Shapps, Conservative Party Chairman, promoting the success of the Help to Buy scheme and asking us to place a graphic detailing their achievements thus far on our social media channels. The email communicated that the scheme has already helped 50,000 people into new homes – and over 80% […]

Grand Design’s Kevin McCloud says “rent don’t buy”

I was pleased to hear that Grand Designs’ presenter, Kevin McCloud, believes that people in the UK should rent not buy properties and change their mind sets to consider being tenants rather than homeowners. With over 20 years in the business of renting retirement property to those aged 55 years and over, this is a […]

Are bungalows the only option for retirement living?

This week, The Daily Mail reported that the government is attempting to address the retirement housing crisis. New housing minister, Brandon Lewis, called for more bungalows to be built for older people to free up larger homes for families. He says that this would allow couples living in large proprieties to downsize without being forced […]

Housing for older people – yes it does matter

A new ‘viewpoint’ blog by Tony Watts OBE, for the Housing Learning and Improvement Network (Housing LIN) entitled “Safe, warm, decent housing for older people – why it matters” has just been published which includes an important six point manifesto on what is needed to improve housing options for older people in the UK. The […]

Tax perks for downsizing are only part of the solution to housing crisis for the over 65s

We welcome the news that London Mayor, Boris Johnson, will include proposals to allow the over 65s an exemption or reduction in inheritance tax profits from selling their homes to downsize in his plan for London housing. The plans are designed to free up much needed large houses in the Capital by encouraging people to […]

New voluntary standards scheme launched for London landlords welcomed

We welcome today’s news that a voluntary accreditation scheme for London Landlords has been launched by the Mayor of London, Boris Johnson. The private rental sector is in need of reform and this voluntary code of practice will be an important step towards raising standards in the sector and affording greater protection the growing number […]

Britain’s housing market has “deep, deep” structural problems says BOE’s Mark Carney

Last week, I was moved to write to Mark Carney, The Bank of England’s Governor after he discussed the fact that Britain’s housing market has “deep, deep” structural problems, with the main issue being the lack of house building, which is causing prices to spiral out of control. Carney pointed out that during the recession […]

Why would anyone want to take out a mortgage in later life?

Ahead of a meeting of the Equity Release Council and the Council of Mortgage Lenders, Nigel Waterson, chairman of the Equity Release Council talked to Mortgage Finance Gazette magazine about the benefits of lending to older people. In the article Waterson pointed out that “property ownership is currently highest among people aged 55-64 (81%) and […]

Longer term tenancies make renting more attractive

Last week the UK’s private rented sector (PRS) came under the spotlight with Darryl Flay, Chief Executive of Essential Living, an operator of private rental homes in the UK, stating that the PRS is currently “dominated by amateur landlords” and must be improved if rogue operators are to be rooted out. He claimed a “totally […]