Guides & Advice

The environmental and social benefits of village life in retirement | Later living

Published: 24th January 2021
Area: Later Living
Initially planned for March 2020, the Housing LIN Summit took place virtually over five days in December (7-11 December 2020), with over 700 delegates celebrating outstanding innovation, leading practice developments and sector thought-leadership from the last year.

As part of the week-long conference, our head of building communities, Louise Drew, delivered a session on ‘village life: later life living to the full’, collaborating with Wendy Griffin, Main Board Director at Nicol Thomas and Shirley Hall, Head of Innovation and Wellbeing at ExtraCare Charitable Trust to look at the environmental and social benefits of village life in retirement, particular with COVID-19 in mind.

You can view the full recording of this session below or here.

Here we provide a summary of the main points covered during the session.

What does the later living market look like?

Research shows that nearly 17% (22 million) of the UK’s population are aged 65 or over, with this number expected to rise by an additional 8.6 million in the next 50 years – this means by 2035, around a quarter of the population will be 65 years old or over.

In January 2019 we conducted one of the most comprehensive survey exercises in the UK’s later living sector, surveying over 200 respondents from a variety of backgrounds including local authorities, registered providers, private developers, care operators and businesses in the charity and voluntary sector, as well as architects and designers.

Download a free copy of our insights report.

What has changed in the last 18 months?

With regards to planning there hasn’t been any substantial change - local authorities are still divided in their interpretation of the correct Class type for later living accommodation and there’s been no government narrative for building housing for the older generation.

Listen more to Louise’s reflections over the past 18 months.

The care sector has been hit hard by COVID-19 over the last 10 months, with the occupancy by many vulnerable people all living under one roof in a care home causing the virus to spread alarmingly quickly. Read more about how multi-generational living could help support the care industry moving forward.

The pandemic has also meant later living accommodation providers have become more reliant on digital technology. Our webinar on the role of technology in the later living sector gives an overview of data protection considerations and compliance rules on data.

We’re here to support you

We have seen the benefits that secure and well-built retirement living accommodation can bring, with a reduced impact on health from loneliness and keeping deaths to a minimum. The UK is currently lagging behind when it comes to developing and improving later living accommodation, but we want to change that.

We have one of the biggest real estate teams dedicated to later living outside London and have supported the delivery of a wide range of national schemes targeting the over 55s.

From getting the most out of your plot of land to securing finance and managing sales or leasing arrangements, our specialist later living team is here to support you, every step of the way. For advice, guidance and support contact Louise Drew.

From inspirational SHMA Talks to informative webinars, we also have lots of educational and entertaining content for life and business. Visit SHMA® ON DEMAND.

Our free legal helpline offers bespoke guidance on a range of subjects, from employment and general business matters through to director’s responsibilities, insolvency, restructuring, funding and disputes. We also have a team of experts on hand for any queries on family and private matters too. Available from 10am-12pm Monday to Friday, call 0800 689 4064.

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