A London manifesto for housing in later life

greenaccessplc

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

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