Renting in later life is becoming an attractive option for individuals over 65 looking for flexibility and abundant services.
Birchgrove, a specialist developer of retirement homes, is supplying this demand with contemporary apartments in purpose-built properties throughout London, Kent and Surrey.
The company provides various on-site communal facilities, ranging from a club room and restaurant, to a wellness suite and more.
Birchgrove operates on the belief that many housing options for individuals over 65 exclude those who prefer to avoid another house purchase.
The company sees assisted living for rent as a crucial solution within the housing puzzle, providing an option that may not be right for all, but perfect for some.
Renting in later life, according to Birchgrove, allows for flexibility and numerous advantages with the potential to enhance the quality of life for renters.
One attribute enticing older adults to choose renting is their established financial stability.
A significant portion of their funds may be invested into maintaining and repairing their family home; money that could instead be allocated towards retirement funds for the benefit of their family or used to facilitate a better standard of living in retirement.
What sets Birchgrove apart is its comprehensive rental model covering utilities such as electricity, water and heating, along with services like 24-hour emergency aid, general maintenance and weekly housekeeping.
Additionally, the rental fee includes access to Moveasy service from the Senior Move Partnership and a financial planner.
Peter, a retired director who chose to rent a two-bedroom apartment at Ayrton House in Mill Hill, recounted his experience.
He said: "We decided to sell the house and rent somewhere so we could release capital to our children.
"What persuaded us to rent was we found people had bought flats and then died leaving their families struggling to sell their parents’ flat because people could buy brand new at the site next door.
"My wife and I fell in love with Ayrton House.
"We bought early off plan, so we could take our time to plan the furnishings of our apartment to exactly how we wanted it."
To learn more about Birchgrove and their offerings, contact the team on 020 3929 5599 or visit birchgrove.life.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here