Tag Archives: retirement properties

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 […]

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 […]

‘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. […]

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 […]

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 […]

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 […]

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 […]