The uptake of retirement housing in the UK softened in
the second quarter of this year as many downsizers paused plans ahead of the
European Union referendum vote, according to the latest quarterly review. Overall
new buyer registrations for retirement properties slipped by over 20% from the
first quarter to 4,744, a 30% fall on the same period last year, as uncertainty
before the referendum slowed the market. However, the data from retirement
property specialist Retirement Homesearch, also shows that the number of
property viewings at 2,974 and instructions at 513 remained steady on first
quarter numbers, showing that registered buyers are still actively looking to
downsize. Read more on the Property Wire
website.
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