10bfyS
sted Living
proved health
believe they maintain
r independence for longer
ause of their new property
Estimated
£30,000
/person/year
saved when entry to
sidential care is prevented
or delayed by one year
Investment, independence and environment
Benefits of specialised retirement housing
Research shows there are a number of economic, health and social Improved benefits health including:
of our homeowners
92%
say they are very happy
83%
or contented in their new home
64%
of our homeowners say they
are very happy or contented
in their new home
83% 64%
£10.92 million
Overall boost to economy during
construction per development
(labour, fixtures, fittings, materials, etc)
Assisted Living
Improving the lives
of older people:
Improved health
believe they maintain
their independence for longer
because of their new property
Economic / community
Estimated
of our homeowners
£30,000
feel their wellbeing /person/year has
improved since moving
of our of homeowners our homeowners say they feel
believe they maintain
of our homeowners feel
are very happy or contented of our homeowners their independence say they for longer believe they their maintain health has improved
their health has improved
in their new home are very happy because or contented of their new property their independence since for longer moving
since moving in their new home
because of their new property
Estimated
believe they maintain
£1.04m
Estimated
£30,000 Creates
their per independence year for
/person/year
£30,000
longer because
92%
of their
/person/year 83% years 64% 60 construction
jobs
new property
£1.04m
per year
total estimated saving in
health and social care costs per
of our homeowners feel
Assisted Living development
their health has improved
since moving
of our homeowners
years feel warmer
saved when entry to
residential care is prevented
or delayed by one year
£343,000
Assisted Living
£10.92 million
Improved health
saved when entry to
residential care is prevented
or delayed by one year
Economic / community
71%
Retirement Retirement Living Living
92% 83% 64%
92% 83% 64%
saved when entry to residential care is
prevented or delayed by saved one year when entry to residential care is
prevented or delayed by one year
total estimated saving in
saved when entry to
saved when entry to
health and social care costs per
residential care is prevented residential care is prevented
of our homeowners say they
believe they maintain
of our homeowners feel
Assisted Living development
or delayed by one year
or delayed by one year
are very happy or contented
their independence for longer
their health has improved
in their new home
because of their new property
since moving
Upto 17 jobs
created in each Assisted Living
developments, with total salaries of £180,000,
much of which will be spent locally
saved when entry to
residential care is prevented
or delayed by one Overall year boost to economy during
construction per development
Overall boost to economy
delivered
during
on average in New Homes Bonus
(labour, fixtures, fittings, materials, etc)
construction per development
monies for each development. This is money they
(labour, fixtures, fittings, materials,
can spend
etc)
as local authorities deem fit
£670k per year
Improved health Improved health
years
Total expenditure in
the local economy
by homeowners,
per development
Upto 17 jobs
Stimulating the local housing market and economy:
Estimated
£30,000
/person/year
Economic / community
Economic / community
£343,000
£343,000
£5 million
£8.64 million
Each development
Estimated
typically invests millions £30,000
/person/year
into the local economy
£8.64 million
of our homeowners feel
their health has improved
since moving
60 construction
£670k per year
delivered on average in New Homes Bonus
Total expenditure in the
monies for each development. This is money they
local economy by homeowners,
delivered on average in New Homes Bonus
Total expenditure
Total expenditure
in the local
in
economy
the
per
can spend as local authorities deem fit
per development
monies for each development. This is money they
development
local economy
over and
by
above
homeowners,
a general needs
can spend as local authorities deem fit
per
housing
development
scheme
Retirement Living
92% 83% 64%
of our homeowners say they
are very happy or contented
in their new home
£670k per year
jobs
Overall boost to
economy during
construction per
development (labour,
fixtures, fittings,
materials, etc)
£
believe they maintain
their independence for longer
because of their new property
saved when entry to residential care is
prevented or delayed by one year
Economic / community
£343,000
£125,000
£8.64 million
Overall boost to economy during
construction per development
(labour, fixtures, fittings, materials, etc)
of our homeowners feel
their health has improved
since moving
Puts approximately
£8.35 million
worth of homes back
onto the market
Environment
Delivered on average in New
Homes Bonus monies for
each development. This is
money that local authorities
can spend as they deem fit
£670k per year
Total expenditure in the
local economy by homeowners,
per development
£69,000
+
TAX
Average additional Council Tax for
the Local Authority from each development
Retirement Living
92% 83% 64%
of our homeowners say they
are very happy or contented
in their new home
£8.35 million
£
Improved health
believe they maintain
their independence for longer
because of their new property
Estimated
£30,000
/person/year
saved when entry to residential care is
prevented or delayed by one year
Economic / community of our homeowners
report noticeably
lower heating bills
Buildings better
after moving
for the environment
£343,000
delivered on average in New Homes Bonus
monies for each development. This is money they
can spend as local authorities deem fit
£125,000
Average additional
Council Tax for the
local authority from £
each development
Total expenditure in the local economy per
development over and above a general needs
housing scheme
£8.64 million
Overall boost to economy during
construction per development
(labour, fixtures, fittings, materials, etc)
Green Benefits:
Total expenditure Removing the pressure on
local economy by homeowners,
per development
health and social care budgets:
Each in-patient costs the NHS
+
£3,817 TAX
per week
of our homeowners feel
their health has improved
since moving
£670k per year
£69,000
Average additional Council Tax for
the Local Authority from each development
our developments
are built on
brownfield sites
of our homeowners
use local shops almost
daily or often
Residents have fewer visits to
GPs and hospitals and are less
likely to need full-time care,
estimated to be £30,000 per
person per year
UK wide figures. These statistics were sourced from the Local Area Economic Impact Assessment prepared by the Institute of Public Care at Housing
mic / community
Overall boost to economy during
created in each Assisted Living
Oxford Brookes University using a sample
delivered on average in New Homes Bonus
Total expenditure in the
construction per development
developments, with total salaries of £180,000,
monies for each development. This is money they
local economy by homeowners,
of homeowners in March 2014; Housing markets and independence in old age: expanding
Housing
the opportunities, by University of Reading in 2011; and the ‘A Better Life Report’ by Roger Tym
can spend as local
(labour,
authorities
fixtures,
deem
fittings,
fit
materials, etc)
per development
much of which will be spent locally
+
Retirement Home
& Partners in 2004.
+
£7.53
£
TAX
million
£
TAX
6
Upto 17 jobs
£
£261,000
£343,000
£125,000
£69,000
£670k per year
£125,000
£7.53
Total expenditure in the local economy per
Average additional Council Tax million for
development over and above a general needs
the Local Authority from each development
housing scheme Total expenditure in the local economy per
Average additional Council Tax for Retirement Home 1
development over and above a general needs
the Local Authority from each development
housing scheme
Older people
choose to move to
a retirement home
Housing
£69,000
£69,000
worth of housing stock is
released by Homeowners
Retirement Home
Retirement Home 1
Older people
choose to move to
a retirement home
2