Property experts warn that current housing policy does not reflect the demand from over 60-year-olds looking for homes.
Delegates at a conference held by the housing law firm Winckworth Sherwood were asked if they thought the government’s focus on first-time buyers is misplaced. The majority – 60 per cent – agreed, while only ten per cent supported the focus on first-time buyers.
Charlotte Cook, a partner at Winckworth Sherwood, said: “By 2020 it is estimated that there will be some 20 million people aged over 60. Even now, there are more over 60s in the UK than there are under 18s. The Government’s housing policy does not reflect that. And whilst social housing providers and local government are responding, much greater choice of housing and tenure is needed.”
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