WHAT ARE THE BENEFITS OF HOMES FOR LATER LIVING?

Benefits for older people, their family and friends.

 

    • Older people can live independently and know that social company and practical help is on-hand.
    • They typically enjoy a higher quality of life, a higher sense of purpose and lower levels of loneliness.
    • A person aged 80 living in retirement housing feels as good as someone aged 10 years younger in the general population.  Much of this improvement comes through improved levels of life satisfaction and well-being, and reduced levels of anxiety.
    • Properties are low-maintenance and energy-efficient.
    • Dwellings are designed around the needs of older people, with reduced risk of slips, trips and falls, cleverly designed circulation spaces, well-designed appliances and storage, and landscaped gardens.
    • Family and friends have peace of mind.

WHAT ARE THE BENEFITS OF HOMES FOR LATER LIVING?

Benefits for older people, their family and friends.

 

    • Older people can live independently and know that social company and practical help is on-hand.
    • They typically enjoy a higher quality of life, a higher sense of purpose and lower levels of loneliness.
    • A person aged 80 living in retirement housing feels as good as someone aged 10 years younger in the general population.  Much of this improvement comes through improved levels of life satisfaction and well-being, and reduced levels of anxiety.
    • Properties are low-maintenance and energy-efficient.
    • Dwellings are designed around the needs of older people, with reduced risk of slips, trips and falls, cleverly designed circulation spaces, well-designed appliances and storage, and landscaped gardens.
    • Family and friends have peace of mind.

BENEFITS FOR COMMUNITIES

    • Improved quality of life means lower public health and social care costs. This saves the state around c. £3,500 per person per year, for instance from fewer falls, reduced loneliness and dementia, quicker detection of strokes, and lower use of care services
    • Homes for later living boosts local high streets, helping communities feel the benefit of the ‘grey pound’ as residents regularly use shops and local facilities.
    • Homes for later living are typically built on brownfield sites needing regeneration and in close proximity to shops, restaurants and services, thereby helping repopulate town centres.

BENEFITS FOR COMMUNITIES

    • Improved quality of life means lower public health and social care costs. This saves the state around c. £3,500 per person per year, for instance from fewer falls, reduced loneliness and dementia, quicker detection of strokes, and lower use of care services
    • Homes for later living boosts local high streets, helping communities feel the benefit of the ‘grey pound’ as residents regularly use shops and local facilities.
    • Homes for later living are typically built on brownfield sites needing regeneration and in close proximity to shops, restaurants and services, thereby helping repopulate town centres.

BENEFITS FOR YOUNG PEOPLE AND FIRST TIME BUYERS

    • Homes for later living helps free up existing family-sized homes for struggling renters and families looking to ‘upsize’. If the millions of older people who would like to move could make it a reality, the results for the housing market could be transformational.
    • In 2017 the All Party Parliamentary Group on Housing and Care for Older People found that 8 million people over 60, in 7 million homes, were interested in downsizing.
    • If half did so, 3.5 million homes — of which two thirds are family homes with three or more bedrooms — would become available.

BENEFITS FOR YOUNG PEOPLE AND FIRST TIME BUYERS

    • Homes for later living helps free up existing family-sized homes for struggling renters and families looking to ‘upsize’. If the millions of older people who would like to move could make it a reality, the results for the housing market could be transformational.
    • In 2017 the All Party Parliamentary Group on Housing and Care for Older People found that 8 million people over 60, in 7 million homes, were interested in downsizing.
    • If half did so, 3.5 million homes — of which two thirds are family homes with three or more bedrooms — would become available.