Spotlight: Housing for Older People
A new residential research report by Savills highlights how the UK housing market is failing to meet the needs of thousands of older householders, the so-called squeezed middle who cannot afford to downsize into an open market retirement property.
It suggests that rented sheltered housing does not meet the needs of 25% of older households and calls upon social landlords to plug the housing gap and produce an attractive new revenue stream by building shared ownership retirement housing.