Find out more about Audley owners and top reasons to downsize in retirement to a luxury retirement village.
TOP REASONS TO DOWNSIZE
According to Audley consumer research (2022) over 2.4million people over 55 are actively considering downsizing and 1/4 of them will do so in the next 1 - 2 years.
The top reasons given by Audley owners before moving in were:
- Loss of a partner
- To reduce upkeep time and cost
- Immediate care need
- To not leave it too late
DOWNSIZING MAY SAVE YOU TIME
Many people are wasting precious days over the year doing tasks they don’t enjoy (“Time on your side in retirement”) with an average of 144 hrs/year on house cleaning, 72 hrs/year on maintaining the property and 48 hrs/year mowing the lawn.
AND FREE UP MONEY FOR RETIREMENT
As 80% of sales since '95 have seen an increase in price (Source: JLL Housing with Care index - Healthcare Research 2017).
DOWNSIZING AS A WAY TO AVOID LONELINESS
38% of over 55s experienced loneliness in 2021 and 24% sat their loneliness has impacted their physical wellbeing.
MOST IMPORTANT FACTORS WHEN LOOKING FOR A PROPERTY IN RETIREMENT
- quiet and peaceful surroundings
- space to have family stay over
- home to be adapted for their needs
- close to transport links
- surrounded by countryside
- near shops / restaurants
- clean and well-maintained streets
BENEFITS OF LIVING IN A RETIREMENT VILLAGE
(as reported by owners living at an Audley village)
- less isolation and a sense of community
- less upkeep and more free time
- lower monthly maintenance costs
- on-site facilities tailored to owners
