WHAT ARE HOMES FOR LATER LIVING PROPERTIES?
Homes for Later Living properties are specifically designed for older people, providing them with independence and privacy, and the peace of mind of having someone on hand should help be needed. They also provide the companionship that comes with being part of a like-minded social community.
Typically built for people who no longer want or need a family-sized house, they commonly take the form of self-contained apartments or bungalows. Varying levels of care and support are also available.
A particular characteristic of homes specially designed for later living is the increased social interaction and reduced loneliness found in these types of development. This comes from living in close proximity to people of a similar age, with neighbours who know one another, and extensive communal areas where people can socialise and be in the company of others.
Underpinning all of this is an on-site manager or team of staff who are there to look out for people’s welfare and provide help when needed. They also make sure the communal areas are well-maintained and the social calendar is busy.
WHAT ARE HOMES FOR LATER LIVING PROPERTIES?
Homes for Later Living properties are specifically designed for older people, providing them with independence and privacy, and the peace of mind of having someone on hand should help be needed. They also provide the companionship that comes with being part of a like-minded social community.
Typically built for people who no longer want or need a family-sized house, they commonly take the form of self-contained apartments or bungalows. Varying levels of care and support are also available.
A particular characteristic of homes specially designed for later living is the increased social interaction and reduced loneliness found in these types of development. This comes from living in close proximity to people of a similar age, with neighbours who know one another, and extensive communal areas where people can socialise and be in the company of others.
Underpinning all of this is an on-site manager or team of staff who are there to look out for people’s welfare and provide help when needed. They also make sure the communal areas are well-maintained and the social calendar is busy.
WHY DO HOMES FOR LATER LIVING MATTER?
Thankfully we are living longer. But not enough is being done to ensure that those who want to plan their living arrangements for later life can do so easily by moving into specialist housing, and as a result remaining healthier and happier for as long as possible.
WHY DO HOMES FOR LATER LIVING MATTER?
Thankfully we are living longer. But not enough is being done to ensure that those who want to plan their living arrangements for later life can do so easily by moving into specialist housing, and as a result remaining healthier and happier for as long as possible.
LEARN MORE ABOUT THE BENEFITS
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- Older people can live independently and know that good company and 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.
- Residents can enjoy a low-maintenance and energy-efficient property.
LEARN MORE ABOUT THE BENEFITS
-
- Older people can live independently and know that good company and 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.
- Residents can enjoy a low-maintenance and energy-efficient property.
WHAT ARE THE OPTIONS?
Homes for later living are typically retirement communities that come in two forms – housing with support, and housing with care. For the avoidance of doubt, retirement living does not include residential care or nursing homes.
Also called Retirement Housing or Retirement Living
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Also called Assisted Living, Extra Care or Retirement Living Plus
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WHAT ARE THE ON-SITE FACILITIES & SERVICES?
In addition to the private property, a retirement living development provides a range of on-site shared services. Developments will vary, but they typically include some of the following:
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The development will have its own management team, looking after the communal areas and services. Ideally, this will be provided by the same organisation who built the development, so the relationship between the resident and the house builder remains unbroken.
WHAT ARE THE ON-SITE FACILITIES & SERVICES?
In addition to the private property, a retirement living development provides a range of on-site shared services. Developments will vary, but they typically include some of the following:
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The development will have its own management team, looking after the communal areas and services. Ideally, this will be provided by the same organisation who built the development, so the relationship between the resident and the house builder remains unbroken.
HOW DO THE COSTS COMPARE?
There can be significant savings to be made when moving from a typical house to a retirement apartment.
Research by McCarthy & Stone has shown that people moving from a three-bedroom house to a retirement apartment could save £100 a month, or £1,200 per year, which adds up to a saving of £12,000 over a ten-year tenure.
This is a result of lower heating, water and other utility bills, including council tax, lower home insurance and the procurement of more efficient and effective day-to-day services.
In addition, residents also have access to services that they did not receive in their previous home, such as a House Manager who looks after the development, acts as a ‘friendly neighbour’ and helps to arrange many of the social activities, as well as a 24-hour call system and additional care and support packages if needed.
Please see the FAQs for more information on costs.
HOW DO THE COSTS COMPARE?
There can be significant savings to be made when moving from a typical house to a retirement apartment.
Research by McCarthy & Stone has shown that people moving from a three-bedroom house to a retirement apartment could save £100 a month, or £1,200 per year, which adds up to a saving of £12,000 over a ten-year tenure.
This is a result of lower heating, water and other utility bills, including council tax, lower home insurance and the procurement of more efficient and effective day-to-day services.
In addition, residents also have access to services that they did not receive in their previous home, such as a House Manager who looks after the development, acts as a ‘friendly neighbour’ and helps to arrange many of the social activities, as well as a 24-hour call system and additional care and support packages if needed.
Please see the FAQs for more information on costs.
