0.6% of housing in the UK is private retirement housing –
a number that needs significantly improving for an ageing population. Analysis
from Knight Frank shows the demand from older people is far higher than the
current stock levels. The number of homes classed as retirement housing, which
ranges from care homes to age-restricted developments, counts for 2.6% of stock
but only 0.6% of these are private retirement housing. Estimated build for new
units in 2016 is thought to be at 5,500 – adding to the 715,000 current stock –
which accounts for around 3% of delivery. There are already 7.8 million people
over the age of 65 or 18% of the population and 12% over 70. Read more on
24housing.
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