United Kingdom Retirement Housing Market Report 2020: Strong Potential for Growth in Retirement Housing as Interest in Addressable Market Increases
Dublin, Feb. 03, 2021 (GLOBE NEWSWIRE) -- The "Retirement Housing UK Market Report 1ed" report has been added to ResearchAndMarkets.com's offering.
Strong potential for growth in retirement housing as interest in addressable market increases
The report analyses whether the opportunity for the sector lies in diversity of choice. To grow, not only does it need to break away from its reliance on the more affluent areas of the country, but also offer people a range of schemes to suit different lifestyles. It also looks at the potential impact of Covid-19 and of the effect Brexit may have, especially on the availability of care and support staff.
The first edition of the Retirement Housing UK Market Report focuses on specialist, purpose designed, self-contained accommodation exclusively to be occupied by the over 55s. Specifically, it covers age-exclusive 'downsizer' housing, retirement living and housing with care, giving a comprehensive overview of the full breadth of the UK's retirement housing market.
The report estimates an addressable market for retirement housing of 5.2 million older people in the UK who hold more than 250,000 in housing equity. With current uptake of private sale (non-social) properties only 4.9%, it is a market ripe for growth, though to achieve this growth, it needs to shake off the negative stigma associated with it. The report looks at how the sector is diversifying to shed this stigma.
Interest in retirement housing is increasing among investors. This has been encouraged by more reliable models for long-term investment being established, for example, through deferred management fees. Barriers to entry to this sector remain high owing to the time, capital and specialist required. However, as other sectors look challenged in the wake of Covid-19, retirement housing may look increasingly attractive.
What the report covers
Market size
Market growth
Demand drivers
Business models
Staff supply
Politics and regulation
Payors
Major providers
Investors
Market potential
Who is the report for
Operators of retirement housing schemes
Property developers
Providers of age-exclusive 'downsizer' housing
Retirement living providers
Housing with care providers
Housing associations
Staffing agency operators
Directors of adult social services
Care advisors
Banks and investors
Management consultants
Business advisors
Long-term care insurance providers
Central government
Think tanks
Policy writers
For more information about this report visit https://www.researchandmarkets.com/r/unb8ji
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