ALMOST a third of people in the Yorkshire and Humber region aged 55 or over are considering downsizing in the future, while a further 12 per cent have already downsized, according to research released today (Friday).
The findings are in a survey by YouGov, commissioned by retirement housing specialists McCarthy & Stone, who called on the Government to give greater incentives to help older people move and to provide more choice.
McCarthy & Stone’s regional managing director, Steve Secker, said there was an increasing appetite in Yorkshire to downsize and move to a more suitable property.
"Too often, however, they are restricted from making the move due to a lack of incentives or choice in the market, including purpose-built retirement housing.
“Our population is maturing at a rapid rate, with the over-65 age group predicted to grow by over 50 per cent in the next 20 years. Despite this, the UK is suffering from a chronic undersupply of suitable retirement properties.”
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