Homes for Later Living

Homes for Later Living seeks to promote greater choice, availability and quality of housing specifically built for older people. It comprises of Churchill Retirement Living, McCarthy & Stone and PegasusLife Group (made up of PegasusLife and Renaissance Retirement) and operates alongside the Retirement Home Builders Group within the Home Builders Federation (HBF).

Our objective is to make the case for more places to live that are specially designed for older people, offering independence and privacy along with peace of mind and a ready-made social community. Typically designed for people who no longer want or need a family-sized house, accommodation of this type typically includes self-contained apartments or bungalows that are safe, secure and low-maintenance, plus significant shared spaces.

Varying levels of care and support are available and all schemes are underpinned by an on-site manager or team which look out for residents’ welfare and help with day-to-day matters.

Scroll down to find out about new research on the health and wellbeing benefits of homes for later living.

Homes for Later Living

Homes for Later Living seeks to promote greater choice, availability and quality of housing specifically built for older people. It comprises of Churchill Retirement Living, McCarthy & Stone and PegasusLife Group (made up of PegasusLife and Renaissance Retirement) and operates alongside the Retirement Home Builders Group within the Home Builders Federation (HBF).

Our objective is to make the case for more places to live that are specially designed for older people, offering independence and privacy along with peace of mind and a ready-made social community. Typically designed for people who no longer want or need a family-sized house, accommodation of this type typically includes self-contained apartments or bungalows that are safe, secure and low-maintenance, plus significant shared spaces.

Varying levels of care and support are available and all schemes are underpinned by an on-site manager or team which look out for residents’ welfare and help with day-to-day matters.

Scroll down to find out about new research on the health and wellbeing benefits of homes for later living.

NEW RESEARCH

Published in September 2019, a new report commissioned by Homes for Later Living explores the wellbeing benefits from living in properties of this type and the significant fiscal savings they can deliver to the NHS and social care system.

The research was undertaken, evaluated and written by a former HM Treasury economist, Chris Walker, and finds:

1. People living in a property of this type typically experience reduced health risks, contributing to fiscal savings to the NHS and social care services of c.£3,500 per person per year.

2. Building 30,000 more retirement housing dwellings every year for the next 10 years could generate fiscal savings across the NHS and social services worth £2.1bn per year.

3. Using established national well-being criteria for happiness and life satisfaction, an average person aged 80 feels as good as someone aged 10 years younger after moving from mainstream housing to housing specially designed for later living.

NEW RESEARCH

Published in September 2019, a new report commissioned by Homes for Later Living explores the wellbeing benefits from living in properties of this type and the significant fiscal savings they can deliver to the NHS and social care system.

The research was undertaken, evaluated and written by a former HM Treasury economist, Chris Walker, and finds:

1. People living in a property of this type typically experience reduced health risks, contributing to fiscal savings to the NHS and social care services of c.£3,500 per person per year.

2. Building 30,000 more retirement housing dwellings every year for the next 10 years could generate fiscal savings across the NHS and social services worth £2.1bn per year.

3. Using established national well-being criteria for happiness and life satisfaction, an average person aged 80 feels as good as someone aged 10 years younger after moving from mainstream housing to housing specially designed for later living.

The report, entitled Healthier and Happier, is the first of three explorations of the case for building more homes for later living. In future studies, we will investigate the positive impact that more homes for later living would have on the wider housing market and we will assess the significant benefits that local communities receive from building more homes for later living.

We will also be exploring options to encourage more homes of this nature to be built and ensure that those in later life are aware of the options available to them.

The report, entitled Healthier and Happier, is the first of three explorations of the case for building more homes for later living. In future studies, we will investigate the positive impact that more homes for later living would have on the wider housing market and we will assess the significant benefits that local communities receive from building more homes for later living.

We will also be exploring options to encourage more homes of this nature to be built and ensure that those in later life are aware of the options available to them.