We can produce all the emotional support in the world, but if there are not the right regulations for retirement home developments to boost stock, this will sadly all be in vain. Whilst there is now more choice in the type of retirement accommodation available, there is still a real need to boost supply. Currently retirement properties account for just 2% of UK private housing stock, and few homes in the UK are designed with ageing in mind.
We need to keep this debate open and active, and I would suggest starting with looking at how planning regulations for retirement home developers could be relaxed in order to boost this much-needed housing stock.
Whatever the priorities are, it’s vital we keep the discussion alive in order to make downsizing work better.
Nick Freeth, is Managing Director of Retirement Homesearch, Britain’s number one retirement property specialist.