Life Long Homes delivering to Greater Expectations

“Life Long Homes” delivering to “Greater Expectations”

Challenges Supply & Demand Housing Demographic Public Sector Budgets Health & Social Care Homes Welfare & Pensions

Challenge and Opportunity • Public sector efficiencies o Reduced skillset o Lack of resource o Financially constrained • Private sector o Expertise o Resource o Investment Need solutions

Housing stock – Not a one size solution Ø Ø Type Location Accessibility Tenure Key Factor = Demographics (60% of projected growth in households from 2008 to 2033 will be headed by someone aged 65+ (DCLG))

Looking ahead • The biggest increase by age group will be among those aged 65 and over. Source; Savills Spotlight Housing An Ageing Population 2015

Massive challenges for the economy • Dependency ratio (number of workers per children and retired people) will continue to decline • Proportionately smaller number of tax contributors will be supporting public-spending dependents Source; Savills Spotlight Housing An Ageing Population 2015

Health as we age • 48% of people aged 75 and over find their ability to perform daily activities limited • 19% of people aged 75 and over are in bad health Source; Savills Spotlight Housing An Ageing Population 2015

Unpaid carers • Older people providing large amounts of unpaid care. • Over two million (26%) people aged 50 to 64 provide unpaid care every week and large numbers are continuing to do so in retirement Source; Savills Spotlight Housing An Ageing Population 2015

Profiling Home Occuppiers • Ownership among over-65 s is 78% compared to 64% across all age groups • typically own outright sitting on over £ 1 trillion worth of housing equity • Older households tend to have more housing space than they need on a day-to-day basis • English Housing Survey indicates that around three million (53%) households aged 65 and over are under -occupying their home

Home ownership & Under Occupation Source; Savills Spotlight Housing An Ageing Population 2015

More Efficient use of Housing • The challenge will be unlocking the equity • Without the ability to sell or borrow against it, housing equity becomes just a number on a piece of paper. • But we must not ignore; o 50% more people over 65 still working o Pension deficit and negative equity to factor o Over 85’s fastest growing sector o 80% more people living with dementia

Changing attitudes • Its politically, socially and ethically wrong to force people from their homes • However, the generations approaching retirement are accustomed to moving up the housing ladder • Surveys indicating a frustrated and growing desire to move in older age 4. 4 m households • Without homes that meet changing lifestyle needs or financial incentives, people typically staying in the family home for as long as possible

Delivery profile of age related homes Source; Savills Spotlight Housing An Ageing Population 2015

Choices for Older People • There around 515, 000 Retirement and Extra Care units in England, a large proportion are LA & RP stock = around 385, 000 units • However, they present a challenge given the large numbers built in the 1980 s and early 1990 s based on volume not quality or space • Around 80% of nursing and residential care homes are owned/operated by the private sector • While only 25% of Extra Care and Retirement homes are privately owned

Older Age specific Housing profile Source; Savills Spotlight Housing An Ageing Population 2015

Latest on how “Woefully unprepared” we are The UK needs 90, 000 new homes for over-65 s by 2020 Source; Savills Spotlight Housing An Ageing Population 2015 • Forecasting the market needs to build around 11, 000 – 18, 000 retirement homes per year just to maintain existing provision rates amongst older people • Increasing the provision of housing to levels comparable to future need would require an additional 60, 000 homes per year as a minimum

Innovation across the sector • The ability to increase delivery to these higher levels will require substantial innovation across the sector • Developers and operators need to offer products and services that encourage older people to move • They need to deliver homes across a spectrum of prices and affordability • Creating a product that works for someone currently living in the average priced home (the £ 250, 000 challenge) will be essential

Statutory Authorities need our support • Government policy is explicit in its requirement for LA’s to meet the housing and care needs of older people • LA’s coming under renewed pressure to house those most in need at a time of further public sector spending cuts and increases to the minimum wage • Some are already looking to use their existing land holdings and partner with housing associations or private companies in order to meet their obligations

Enabling Choice, Control & Independence Right from the beginning…. . • Selecting accessible sites to the existing community • Engaging with local stakeholders • Inclusive design to ensure no physical or age restriction or barriers • Partnering with the right housing, support and care provider’s

Ageing well, Importance of Place Environment is key to support ageing well…. . Creating opportunity for activity in and outside, promotes good health and wellbeing.

Value for Money housing, health & social care Sustainable environment • Purpose built housing and facilities • Excellence in service structure and delivery • Continuous evaluation and engagement • Resident and staff feedback vital to innovation

We don’t just build homes, we build communities. . . Inclusive design (providing Extra Care) stylish affordable homes with features that look and feel good while accommodating people of all ages and physical abilities There are many older people and people living with disability in our communities, living in fully accessible housing that provides for all tenures. Varity is sustainable! You know step-less entries, necessary for someone using a walking aid or wheelchair are also a perk for mums pushing a baby A ‘holiday cottage’ offers people respite via a change of scene, with a range of therapies and gives carers a break The hub provides community facilities and a base for care/support services to respond from 24/7. Providing a sustainable health & wellbeing service at the heart of the community One stop shop and library give access to a wide range of information and expertise Inc. dementia and welfare advisors etc. Localised Broadband results in unobtrusive support via telehealth and telecare more home working and reduced carbon footprint Social enterprise, handyperson services, volunteers help support people in the community to maintain their homes and their independence

Sharing success and lessons learnt…….

Keepmoat Extra Care Partnership NYCC • Keepmoat have been actively developing Extra care housing solutions with NYCC since 2004 • Delivering solutions for numerous specialist Registered Providers in every District across the County • Now selected to the new NYCC EC & Regeneration framework, Keepmoat will continue to develop solutions which benefit the whole community for the next decade as well

Partnership Solutions Keepmoat and our Partners have proactively delivered 10 extra care solutions across North Yorkshire since 2004 One in every District and in each National Park: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Bainbridge Ripon Richmond Tadcaster Skipton Settle Scarborough Thirsk Harrogate Helmsley Hambleton Scarborough Richmondshire Rydale Craven Harrogate Selby

Track record Richmond Thirsk Bainbridge Scarborough Helmsley Ripon Harrogate Settle Skipton Tadcaster Each scheme is unique in providing what is needed to support the local area

Replacing out of date LA stock Bainbridge – Sycamore Hall Replaced hard to let sheltered housing and original work 18 th century work house care home in the National Park 40 apartments • 5 two beds • 35 one beds Richmond – Greyfriars Court Replaced hard to let sheltered housing and LA care home in town centre location includes; learning LD day centre – 39 apartments • 39 two beds • 0 one beds

Best use of land for the community Tadcaster – Popplewell Springs Built on existing care home site with residents still in situ. Full decant on completion includes; community restaurant – 52 apartments • 49 two beds • 3 one beds Scarborough – Jazz Court 1 st building on private land, in 1350 new home masterplan inc; 3 retail units and local housing office – 60 apartments • 45 two beds • 15 one beds

Bespoke solution where needed Ripon – Sunnyfield Lodge Designed to fit local vernacular to achieve planning – 40 apartments • 5 two beds • 35 one beds Skipton – Abbeyfield House Remodelled sheltered house & new build extension – 31 apartments • 26 two beds • 5 one beds

More than just Housing with Care Settle – Limestone View Market town street inside the scheme including; community library, care options shop and dementia units – 50 apartments • 16 two beds • 34 one beds Thirsk - Meadowfields Built alongside the health centre, provide one stop shop for wellbeing advice and relocation of the community library – 53 apartments • 35 two beds • 18 one beds

Services at the heart of the community Harrogate – The Cuttings Includes; units for people living with dementia, borough wide domiciliary care offices and meals on wheels production centre 55 apartments • 8 two beds • 37 one beds • 10 studios Helmsley – TBC Domiciliary care offices, daily wellbeing activities and community restaurant – 61 apartments • 43 two beds • 18 one beds

Potential Solution for others…. Keepmoat with Legal & General - Design, Build & Finance Example if applied to NYCC 10 schemes to date; Total Units = 481 o 1 bed = 210 o 2 bed = 271 Average Net Rents o 1 bed = £ 100 pw o 2 bed = £ 120 pw 100% funding Term options; 30 – 50 year, reverts to Public asset at end for £ 1 Or 20 years lease with option to buy asset

Questions?