Age UK has launched a new report on sheltered and retirement housing ‘Making it Work for Us’, coinciding with a meeting of MPs and Peers to discuss reforms to leasehold housing. The complexity of leasehold agreements in retirement housing makes some older people vulnerable to financial exploitation – an issue we address in our report. Older residents tell us they are increasingly concerned about lack of transparency in leasehold contracts, particular in regard to service charges.
To produce the report Age UK supported a panel of older residents to look at how sheltered and retirement housing could be improved. Most of the residents were positive about what retirement housing could offer, but had concerns about a failure to address issues around bad practice.
Why is this so important? Currently only a very small percentage of older people actually live in retirement housing; the vast majority live in ordinary mainstream housing. Yet there is a growing interest in the role of retirement housing in freeing up larger family homes for younger people. Achieving this is difficult when there just isn’t enough affordable, well designed retirement housing in the right locations to make a real difference. Continue reading “Sheltered and retirement housing – ‘Making it Work for Us’”