UK Government needs to think about older buyers not just those starting on housing ladder – Property Wire

The Government should focus less on first time buyers and more on later life housing, according to delegates at a housing conference in London. It is estimated that there will be 20 million people aged over 60 in the UK by 2020. Housing law partner Charlotte Cook said that greater choice and more meaningful information about options are needed for over 60s, especially as opportunities vary greatly between different local housing authorities. Planners were also asked to create a dedicated class for later life housing and ensure that the elderly’s needs are included in local plans.

Key Takeaways:

  • The Government needs to shift its housing obsession away from first time buyers and also concentrate on later life and older buyers, a housing conference in London has been told.
  • A survey of delegates at the conference found that 60% agreed that the Government’s focus on first time buyers is misplaced
  • Later life housing should focus less on care and more on hospitality and lifestyle.

“Later life housing should focus less on care and more on hospitality and lifestyle”

https://www.propertywire.com/news/europe/uk-government-needs-think-older-buyers-not-just-starting-housing-ladder/