Call for More Retirement Housing
By |Published On: 29th January 2014|

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Call for More Retirement Housing

By |Published On: 29th January 2014|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

The Government should be doing more to encourage more investments in dedicated retirement housing, says a retirement rental company that specialise in letting properties to over-55s.

Call for More Retirement Housing

Call for More Retirement Housing

Peter Girling, of Girlings Retirement Rentals, states that the demand for specialist retirement flats and houses is exceeding supply, particularly in London and coastal towns, such as Bournemouth, Eastbourne, Poole, and Brighton, where there are traditional elderly communities.

Girling claims: “We have thousands of new enquiries each year from people attracted by the affordability of renting and the availability of assured lifetime tenancies. However, there are simply not enough retirement properties to meet this demand.”1

 A movement, the Campaign for Housing in Later Life, to promote retirement housing was launched last year by the Home Builders Federation. They have since published a report confirming that 3.5 million people over 60 in the UK are interested in retirement houses.

However, with just 506,000 retirement units, 106,000 available for homeownership and 400,000 for rent, specific communities for retirement remain sparse.

One of Britain’s largest retirement developers, McCarthy & Stone’s Gary Day claims that 65% of planning applications to construct retirement housing are initially rejected.

He is calling for councils to give priority to retirement homes through looser S106 (Section 106 of the Town and Country Planning Act 1990) and other social housing requirements, normally expected by developers building private properties.


About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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