Honor Barratt, CEO at Birchgrove looks at the looming crisis facing the UK's senior living sector and argues why a different approach to old problems might be the best way forward.

Honor Barratt, CEO at Birchgrove looks at the looming crisis facing the UK's senior living sector and argues why a different approach to old problems might be the best way forward.
New research has found that just 14% of those aged over 55 and who are not yet retired are considering downsizing.
The society has announced that it has launched a no-free medium-term fixed-rate retirement interest-only mortgage with no ERCs and no overpayment restrictions.
Jackson-Stops estimates that UK downsizers aged over 55 are sitting on £2.9 trillion in property equity
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An analysis of demand levels for retirement community homes has found that silver downsizers face fierce competition in securing one due to limited stock levels.
The need for specialised older people’s accommodation has been overlooked historically, which makes it an attractive sector for developers and funders.
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