Unfortunately, you can only buy new “right size” housing for older people at the top end of house price market (PegasusLife upwards of £300,000 for a one-bed flat plus maintenance service charges – no care – around £5,000 per year) if you live in East Devon, thanks to EDDC needing more and more money to pay for its new HQ – now coming in at around £10m.
…”Our report, Housing our ageing population: positive ideas – brought together for us by the Housing Learning and Improvement Network – points out that the government gets multiple benefits from enabling older people to enjoy better health and wellbeing in new homes. These include significant savings in NHS and social care spending. And those who have moved into age-exclusive, attractive new homes talk not just of the savings in outgoings – and often the release of cash to spend on other things – but the social life that banishes loneliness too.
So why is the UK so different from the US and most other European countries in terms of its housing output for those of us in our extended middle age? Why are we averse to moving until a health crisis forces us out when an earlier move could ensure our independence, in a place of our choosing, for the rest of our days? …
… As well as recommendations for housebuilders, developers and housing associations, our report urges all of us to reimagine life as we grow older, considering our future needs in a positive light. Right-sizing can help us gain the most in our later years and we need to insist – not just for ourselves but for our children and grandchildren – that barriers are lifted and opportunities enhanced for a national programme of later homes. “
https://www.theguardian.com/housing-network/2016/jun/14/later-homes-older-starter-young-uk-housebuilding