Tag Archives: sensible suggestions

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 […]

New research confirms that retirees ’just want to have fun’

As the first polymer five pound notes arrive in our wallets, analysis from retirement income specialists, Retirement Advantage, reveals that over 65s in the UK spend a greater proportion of their money on lifestyle products and services than on essentials*. Andrew Tully, Pensions Director at Retirement Advantage commented, “With the launch of the new polymer […]

Why older couples should consider downsizing and then rent instead of buy

A recent article in the Daily Telegraph looked at why older people don’t wish to downsize in their later years. The article highlighted some of the main obstacles, such as a lack of appealing smaller homes, the expense of moving, including stamp duty, and no decent bank savings rates to provide an adequate return from […]

Lifetime tenancies shouldn’t be limited

Natalie Elphicke, chair of Million Homes Million Lives and co-author of the Treasury-commissioned House/Elphicke review of council house building, has recommended that lifetime tenancies should be limited to only those with ‘long-term high housing’ needs, such as the ‘highly disabled’ and people in ‘extreme old age’. Her comments come as the government is preparing for […]

‘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. […]

Why is housing for older people being ignored in the run up to the election?

There seems to be one big housing issue that all the political parties are ignoring in the run up to the General Election and that’s housing for older people. The main headline manifesto pledges include the Conservative’s extension of Thatcher’s right to buy for 1.3 million families in housing association properties; Nick Clegg’s pledge to […]

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 […]

Could living in a retirement community help men combat loneliness?

Increasing numbers of men are facing loneliness and isolation in old age, according to a recent report, The Emerging Crisis for Older Men*, from the International Longevity Centre and the charity, Independent Age. The report highlighted that men are more likely to be lonely because they can be reluctant to join clubs for older people […]

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 […]

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 […]