None of us is getting any younger. Yet, at the same time as ministers are fretting about young people getting on the housing ladder, there are precious few homes for the older age group to step down to.
Legal & General’s retirement scheme operator Inspired Villages has bought a site in Leeds Village, Kent, with a GDV in excess of £50m to build 115 luxury cottages and apartments.
Industry welcomes report and calls on the government to take action to encourage development.
US luxury retirement living developer Elysian Residences has stepped up its UK expansion by acquiring two new sites.
Audley Group has acquired the former headquarters of npower in Scarcroft, West Yorkshire, with plans to use the site for its 18th luxury retirement village site.
Our society is leading to increasing issues of loneliness for both younger and older people. Residential developments designed and built around a rental model can do much to overcome that loneliness.
Fortwell Capital has extended its revolving development finance facility with specialist care home developer LNT Group by three years and increased the amount available to £40m.
Inspired Villages Group has announced two new recruits as part of ambitious plans to expand the company in 2018.
MPs on the Communities and Local Government Select Committee have called on the government to create a new national housing strategy which “brings together and improves the policy on housing for older people.”