Retirement home wants revealed
Older people in the UK have revealed what kind of property they
desire when they retire.
A study by Strutt & Parker highlighted that 73 per cent of
people have no plans in place for accommodation during their
retirement, with 42 per cent feeling there is a shortage of
suitable properties available.
The research revealed a very different approach to retirement
compared to previous generations, with many unsure about
traditional retirement housing.
A total of 41 per cent would like a six-month trial before
permanently relocating to a retirement community property and 17
per cent would consider a managed rental home.
However, there was strong support for homes with lower maintenance
commitments, as well as 26 per cent expressing an interest in
properties with fewer stairs and living aids such as walk-in
“There is a clear need for a new breed of retirement
communities in the UK. The baby boomers have voiced objections to
living in the same way as their parents in retirement,” said
Stephanie McMahon, head of research at Strutt & Parker.
She added: “Often in good health, with decent pensions and
active lifestyles, they want to live where they can continue to
enjoy their established way of life, minus the day job. They want
access to local culture and recreational facilities such as
theatres, farmers’ markets and swimming pools but also
accommodation that is flexible enough to meet their future care
The survey also revealed a desire to reduce outgoings by investing
in energy efficient options and better insulation.