Growing Numbers of Downsizers Favour Properties with Onsite Care

Growing Numbers of Downsizers Favour Properties with Onsite Care

Retirement properties with onsite care facilities are expected to see an increase in popularity due to more retirees needing assistance. The latest government report* confirms that the number of over-65s requiring 24-hour care will rise by more than a third to over 1 million in 2035. Meeting the demand for assisted living is Wadswick Green, the lifestyle village for over 65s in Wiltshire. The village offers its residents tailored personal care plans via its Rangeford Care service, which means a team of professional carers is on call 24/7.

Christine (73) and Ron (89) Carter moved into a 2 bedroom apartment at Wadswick Green in April 2015 after being impressed by the spacious layouts, lifestyle amenities and onsite care. Christine comments: “Neither of us needed any care then, although we considered that the option being available was a good safety net to have. It so happens that since our move, Ron has suffered a cerebral haemorrhage which means that he’s now dependant on a wheelchair and does require basic assistance.”

All apartments at Wadswick Green are discreetly equipped with pull cords and residents are entitled to a safety button that can be worn around the wrist. “Ron’s had a few medical emergencies and we have been able to push the red button and the carers have come to his assistance within minutes. Having the care team here means there’s immediate help on hand, which gives real peace of mind. I can honestly say that moving to Wadswick Green has really enhanced our lives. If we lived where we were living before, our lives would have been impoverished: Ron would have been housebound,” Christine concludes.

*study by The Lancet Public Health from August 2018

Whilst some retirees need regular care, others might require sudden and temporary assistance. This was the case for Wadswick Green resident Pamela Lacey (77), who had been coping with osteoarthritis but never required any care. This changed when she was diagnosed with arthritis in her feet. She comments: “I needed surgery after which I found myself totally dependent on Rangeford Care for two weeks. Even though it was a temporary measure, having the onsite care team has proven invaluable.”

As Pamela is generally self-sufficient and Rangeford Care encourages independence, Pamela agreed to gradually decrease the care after two weeks. Under careful supervision, the care team reduced their visits from three times a day to once a day. “I’ve finally gained back most of my independence and have now been able to reduce my care to a mere welfare call. This means a carer calls me once a day to ensure that I’m ok. I know that I require further surgery in the future and having experienced the care team’s brilliant and reliable service has given me real peace of mind that I’ll be looked after,” Pamela says.

Angela McKimmie, Sales and Marketing Director at Rangeford Villages, the developer behind Wadswick Green, comments: “Moving into a retirement property is the ultimate step on the property ladder, which means the property needs to be a perfect fit for the buyer’s current and future needs. The knowledge of having care available is a highly prioritised criterion that we witness amongst buyers, whether they require it at the time of moving in or not.”

Most recently, Wadswick Green launched its latest phase Almond Close, featuring 45 one, two and three bedroom apartments. The interiors of Almond Close boast an open-plan layout that creates an inviting and comfortable atmosphere. Similar to the already completed Courtyard Apartments and Pavilion Residences, the homes at Almond Close will feature spacious kitchens with engineered, high-quality hardwood flooring and the latest Neff appliances.

The living rooms offer a choice of wooden floors and boast large picture windows that lead onto balconies with views of the landscaped courtyard and the stunning views beyond. Thorough insulation caters for peace and quiet and supports the energy efficient underfloor heating, whilst wide entrances and lifts as well as high-efficiency double-glazed windows provide a bright and friendly feel.

Interested buyers are invited to visit the marketing suite and showhome opposite The Pavilion at Wadswick Green. To make an appointment, please call the friendly team on 01225 584 500 or visit www.wadswickgreen.co.uk

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Editors Notes

About Wadswick Green
Wadswick Green’s first phase, which was completed in spring 2015, attracted a high volume of interest from prospective buyers, and at the end of 2017 saw its 100th resident move in. Set over 25 acres in the rolling Wiltshire countryside, on the site of the former HMS Royal Arthur Naval College that Prince Philip attended, Wadswick Green is a modern village with ancient roots.

There is plenty of local life and history to enjoy, which is nurtured by close links to the adjacent hamlet of Wadswick. The villages of Box, Neston and Lacock are only minutes away. The market town of Corsham and the historical city of Bath are within easy reach and owners can use Wadswick Green’s chauffeur service to access these. For more information, visit www.wadswickgreen.co.uk or call 01225 584 500

Rangeford Villages: (www.rangeford.co.uk)
Rangeford Villages mission is to create beautiful, contemporary communities with excellent services and amenities that help people 60+ enjoy life to the full.  Rangeford Villages has substantial development funds to deploy via its partnership with Octopus; a UK fund with over £8.6bn under management. Octopus is keen to invest significant capital into the UK retirement and healthcare sector and has selected Rangeford Villages as its platform funding partner.

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Woking to become home to new retirement residences

Woking to become home to new retirement residences

Birchgrove, a specialist developer of luxury rental retirement properties, is breathing new life into one of Woking’s abandoned building sites by creating 51 modern apartments for the over 65s. Located on Holly Bank Road, the new development will embrace the site’s history as it previously housed a 38-bed care home that had been vacant since 2013 and was eventually demolished in 2016. To mark the launch of the new development, Birchgrove held a ground-breaking ceremony on 12 March, which was attended by local residents, Mark Elliott, Chairman of Birchgrove and Craig Currie, CEO of construction partner Castleoak.

Honor Barratt, Managing Director at Birchgrove, comments: “It’s a privilege to call Woking the home of our second development. The town has so much to offer and is the ideal location for retirees who want to enjoy community living with easy access to the hustle and bustle of the big city. We are over the moon to have already registered a number of enquiries and are looking forward to seeing our community becoming a part of the wider Woking area.”

Birchgrove’s Woking site will mirror the quality and specifications of its flagship building in Sidcup, which welcomes its first residents this year. Once completed, residents can choose to rent a one- or two-bedroom apartment and benefit from a number of onsite amenities. These include onsite dining, a communal terrace, a gym, bar and club room as well as a hair salon. Regular events and outings to the city will contribute to an exciting living experience within a friendly community of like-minded people.

Birchgrove is backed by Bridges Fund Management, which has a 15-year track record of investing in property related businesses.

The trend of retirees renting rather than buying originates from the US, Europe and Australia but has been quietly gaining popularity in the UK, with a 13% increase in retired renters from 2012 to 2016 (NLA). Scottish Widows have recently predicted that figures will double to 9 million by 2022.

Barratt adds: “For many, the idea of selling up and buying a retirement property is not only stressful but also a financially unattractive option. High stamp duty rates and the knowledge that some retirement properties don’t tend to gain value are tough facts to accept. Renting, on the other hand, allows homeowners to release equity from the sale of their property and live an overall more flexible lifestyle.”

For more information, please visit www.birchgrove.life or contact the team on 020 3929 5599.

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Photo captions: L-R

Honor Barratt, Managing Director Birchgrove with local residents

Mark Elliott, Chairman Birchgrove, Honor Barratt Managing Director Birchgrove, Craig Currie, CEO Castleoak.

Local Residents Mr and Mrs Howitts

Photos can be downloaded from here

Media contact:

P1 Communications
Margaux Movet T: +44 (0)208 614 7507
E:  margaux.movet@p1communications.com