Tag Archives: retirement market

BBC’s The One Show suggests renting can be a good option for retirees

Last week, BBC’s The One Show (22 November 2016)[i] focused on retirement living and suggested that renting may be a good alternative to buying a property in a purpose built retirement development. Reporter Joe Crowley highlighted that a growing number of older people are buying leasehold apartments in purpose built retirement developments. Such developments offer […]

More people renting in retirement, according to new poll

A new poll of private renters by the National Landlords Association (NLA)* shows that the proportion of retired private renters has grown by 13 per cent since 2012 (approximately 220,000). It also highlights that 17 per cent of the retired private renting population live in the South East of England, with just 3 per cent […]

Why Build to Rent is essential for older people too

The Build to Rent sector is of growing interest to investors. Last December Knight Frank said that £15bn had been invested in the sector, and its latest statistics suggest that institutional investors will commit to a total of £50bn by 2020. Two large investors have also just signalled their entry into this sector. Grainger plc […]

‘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 […]

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 […]

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 […]