Thursday, 26 August 2021

Older Buyers Being Excluded From Housing Market

 An estate agent says the housing market now has a hidden characteristic - an absence of homes that are friendly for older people. Loveitts Estate Agents says the issue is nationwide. In a statement it says: “With many inner-city properties being untenable for elderly or disabled people, matters have only been worsened by housing policy focusing prominently on helping first-time buyers.” Last year, NHBC registered a total of 123,151 new homes in 2020, compared to 160,319 in 2019.  Of those registered in 2020, just 1,942 were bungalows - the most popular form of home for many older buyers, especially those with mobility issues. Read more on the Estate Agent Today website.

https://www.estateagenttoday.co.uk/breaking-news/2021/8/older-buyers-being-excluded-from-housing-market-warns-agency

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