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Number of retirement homes set to rise

Number of retirement homes set to rise

The National House Building Council (NHBC) has found that more plans to build retirement homes have been registered in the first six months of 2015 than during the entirety of 2014.Thus far in 2015, 2,337 new homes specially designed for the elderly have been declared, compared to 1,919 throughout 2014.This is part of a wider trend in increasing levels of housebuilding, as the NHBC also reported that 41,268 new homes (30,462 private sector; 10,806 public sector) have been registered over the last three months, representing a 12 per cent rise on the same period in 2014.NHBC chief executive Mike Quinton said: "We are very encouraged to see an increase in the number of retirement homes being registered. It is widely acknowledged that the UK has a shortage of homes for the elderly, which is having a knock on effect on the rest of the housing market.”He added: "However, we have made clear that while all signs of growth are to be welcomed, the UK is still building way below the volumes of homes that we need. There is a long way to go before our housing crisis is over."As a result of the growing interest in retirement homes, the NHBC has commissioned research into the housing needs of older people, and the requirements of those looking to downsize in later life.All regions of the UK have seen an increase in proposed homes, barring London and the south-east of England, where the quarterly rolling figures have dropped by two per cent for the capital, and 16 per cent for the south-east.However, some areas are seeing a much more substantial increase. Top of the list is north-west England, where registrations rose by 74 per cent. Affordable homes are making up a significant proportion of the planned new builds. The number of homes classed as affordable rose by 13 per cent over the previous 12 months. 

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