Choosing the right living option

As people grow older, the way they interact with their environment changes. When this happens, their bodies and their capabilities change. In turn, important decisions need to be made, such as what appropriate living arrangements will look like. To help people approaching or at retirement age navigate these decisions, we have created this overview of a senior’s guide to housing options in later life.

This comprehensive guide (opens new window) covers:

• Deciding on the right housing option to address the needs of individuals past retirement age 
• Preparing the elderly for a housing change 
• An in-depth look into living arrangement options, such as staying at home, residential housing, and specialist housing 
• Different grants and schemes to cover residential fees for seniors in the UK

Some information that your readers might find useful includes: 

• Location and accessibility, physical needs, home maintenance requirements, and social environment should be considered with the budget when selecting senior living arrangements. 
• The Older People’s Shared Ownership Scheme lets those aged 55 and up buy partial ownership of a house up to 75 per cent, and then pay rent on the remainder.
• To access the Barchester’s Charitable Foundation (BCF) grant, which ranges from £100 to £1,000, an application must be submitted by a third party who knows the senior on a personal level. 

This guide aids elderly people and their loved ones in selecting an ideal living situation that can meet their needs as they age.