Centre for Policy on Ageing


Home ownership alternatives for the elderly
Author(s)Arthur Fleiss
Corporate AuthorDepartment of the Environment - DoE
PublisherHMSO, London, 1985
Pages164 pp
KeywordsSheltered housing ; Owner occupied dwellings ; Equity sharing schemes.
AnnotationMany of the problems faced by home owners are common to households with older people: a family home may be too large, or become difficult to manage as a result of increased frailty. This report examines the alternatives of `staying put' or moving to sheltered housing. The first section of this report, on sheltered housing for sale, examines owners' characteristics and views of sheltered living, and assesses the contribution of this type of provision towards housing older people. Part II considers home annuity schemes, which offer potential benefits for both occupants and the housing stock, since the additional income may enable domestic help to be bought, or repairs and maintenance undertaken. The research aimed to establish the characteristics and housing circumstances of owners who took up an annuity scheme, their reasons, and the use made of the income. (RH).
Accession NumberCPA-930618077 B
ClassmarkKLA: KEA: KED

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