The ILC-UK’s report might come as a surprise to those that don’t know much about the retirement village concept. For those of us that run retirement villages with flexible care provision, it serves primarily to add statistical evidence to what we have long believed to be the case: living in this kind of accommodation has a positive impact on quality of life.
This blog is one in a series of blogs on the Future of Ageing, published in the lead up to the ILC-UK Future of Ageing conference on the 24th November. To register to attend this conference, click here.
With homeownership levels among 25-34 year olds dropping from 59% to 35% between 2004 and 2014, the need to build more new homes suitable for our young population is undoubtedly essential. It’s also good retail politics for the Government given the positive headlines generated by initiatives like Help to Buy.
Why it’s crucial Age-UK’s latest campaign really does mean an end to pensioner poverty. Poverty affects people of all ages, but it is especially problematic among the young and the old. These groups have the least control over their … Continue reading
Data released last week by the Office for National Statistics showed that the over 65s were almost 4 times less likely to move house than the rest of the population. Helping them to downsize could provide knock on benefits to all home owners.
A lack of movement among older people can be attributed to people’s desire to remain in their family homes. However, research shows it may also be due to a lack of suitable housing to move to. In 2013, Demos found that 58% of those over 60 were interested in moving house and that of these, over half (57%) wanted to downsize. Furthermore, a YouGov poll for the housing charity Shelter found that 39% of those over 65 were interested in moving to retirement housing. Continue reading
The Government have announced new measures which “will save housebuilders and councils £114 million per year by cutting red tape and ensuring homes are built to demanding standards.”
One of the 5 standards highlighted is
“age friendly housing: new optional building regulations for accessible and adaptable mainstream housing to meet the needs of older and disabled people”
Sounds good? Well, not really. The standard is optional. Continue reading
The lack of new housing supply has been a political hot potato for some time. Now, as we approach the 2015 General Election, both the Conservatives and Labour are promising to tackle this issue head on. George Osborne has promised £500m of financing for small builders and new Garden Cities as part of his blueprint to ease the country’s housing shortage with 200,000 new homes. For their part, Labour have promised to build 200,000 new homes a year – the highest level of house building since the late 1980s. But are these plans sufficient?
The publication of new research this week has highlighted powerfully that more attention is needed on the housing needs of the elderly.
Top of the Ladder, a new study by Demos, states that there are 3.5 million over 60s who are interested in buying a retirement property, and those interested in downsizing have the funds to do it – they are sitting on £400 billion worth of property. Continue reading