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OUR WORK IN THE SOUTH WEST

Retirement housing in the South West of England

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Description: McCarthy & Stone has been building retirement homes for more than 30 years. This presentation was given to the South West’s Housing Learning and Improving Network (the Housing LIN) on 6 November 2012 and covered McCarthy & Stone’s recent work in the region and the growing demand for retirement housing. It was delivered by Shane Paull, Regional Managing Director, Beverley Chase, Director, and Paul Teverson, Head of Public Affairs. Included is a case study, where McCarthy & Stone worked with Mid Sussex District Council and Affinity Sutton to redevelop a council-owned site in Burgess Hill, Sussex.

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Page 1: Retirement housing in the South West of England

OUR WORK IN THE SOUTH WEST

Page 2: Retirement housing in the South West of England

McCarthy & Stone – national

• 30 years experience

• 45,000 apartments

• 1,000 schemes

• ‘5 star’ rating from HBF

• Won two over-50s Housing Awards in 2011

We’re proud of our role in providing people with a greater life in later life.

Page 3: Retirement housing in the South West of England

A choice of lifestyles

Later Living Average age – 78

• Independent lifestyle in a safe and secure environment among like-minded people.

• Each development has a range of communal facilities and a House Manager.

Assisted Living (Extra Care) Average age – 83

• Offering a more comprehensive range of services and communal facilities for residents.

• CQC-registered management team on duty 24 hours a day.

• Domestic assistance and personal care packages

• Person-centred approach to care and support.

• All support packages are constantly monitored and updated and can be adapted as required.

Page 4: Retirement housing in the South West of England

In annual survey results from

the Home Builders Federation

we have a received double five-

star rating for our levels of

service and management for the

past seven years.

We are the only builder in our

category to have done so.

Providing peace of mind

On our Assisted Living developments we have partnered with Somerset Care Group, a large and hugely experienced not-for-profit care operation, to offer a range of personal care and support options with CQC registered staff.

We manage all of our own new

developments.

Page 5: Retirement housing in the South West of England

The benefits of retirement housing

Personal• Higher quality of life, increased independence

• Sense of security, safety & companionship

Health• 64% report improved health and wellbeing

• Reduced hospital admissions

• Cost effective access to personal care

• Each year a resident postpones moving into

care saves the state £28,080

Economy & Community• Each scheme brings £5m investment

• Employs up to 17 people per scheme

• Increased expenditure in the local economy

- 80% use shops almost daily

Environment & Planning• Effective reuse of urban, Brownfield sites

• Improved energy efficiency of homes

• Releases under-occupied properties back into

the local housing market.

Page 6: Retirement housing in the South West of England

Meeting a local need

It is important that local residents are able to stay close to

their hometown in later life, with the support they need from

their family and friends.

Almost half of our residents move from less than 5 miles away

Most residents free up a substantial family home with two thirds

moving from homes with three or more bedrooms.

5,000 purchases of McCarthy & Stone properties between 2007 and 2010 freed up family housing worth £1.1 billion back into local markets.

This has a knock on effect that stimulates the housing chain and ultimately benefits the first time buyer:

Distance moved into a McCarthy & Stone development

Page 7: Retirement housing in the South West of England

But supply isn’t

meeting demand...

Page 8: Retirement housing in the South West of England

*Note: information about year of construction is not available for approximately 5%

of schemes built for sale and 30% of schemes built for rent. The figures plotted above include adjustments to compensate for this and, therefore, are approximate only.

Page 9: Retirement housing in the South West of England

And our population is

ageing rapidly...

Page 10: Retirement housing in the South West of England

Issues and opportunities

• Ageing population

• Quality / quantity of historic provision

• Choice of housing options and tenures

• Planning – S106 / CIL

• Neighbourhood planning

• Housing needs assessment

• Partnerships?

Page 11: Retirement housing in the South West of England

Case Study – Burgess Hill, Sussex

Worked with Mid Sussex District Council and Affinity Sutton to redevelop this council-owned site.

• Addressed a local need for Extra Care accommodation.

• Delivered 22 units of age-restricted affordable housing and 102 apartments for home owners.

• Fulfilled the vision of the Town Centre Master Plan.

• Removed an ageing and redundant office block.

• Enhanced one of the key approaches into the Town Centre.

Page 12: Retirement housing in the South West of England

Plans for Poole

Page 13: Retirement housing in the South West of England

Littlehampton

Page 14: Retirement housing in the South West of England

Ferndown

Page 15: Retirement housing in the South West of England

Ilfracombe

Page 16: Retirement housing in the South West of England

Ilfracombe

Page 17: Retirement housing in the South West of England

THANK YOU – ANY QUESTIONS?