Audley: 87% increase in retirement enquiries
Figures released by luxury retirement village provider Audley show that, despite a decline in other areas of the property market, demand for downsizing is in growth.
Audley says it has seen enquiries up 87% on 2008, with prospective buyers keen to explore the new generation of retirement properties which are now on offer.
With life expectancy now at a record 78 years for men and 82 years for women, preparing for a long retirement is now a priority for the over 60s. According to Audley, many are choosing to downsize and make life more manageable but don’t want to have to move again when they need the total support of a care home.
‘The Audley concept means that active retirees can maintain their independence and still live their normal life, safe in the knowledge that they have 24-hour security and a home which is designed to cater for their future needs,’ said Audley chief executive Nick Sanderson.
‘We see a high number of our enquiries from people within the local area, keen