Anchor Hanover’s development strategy and plan 2019-2027
Our ambitious new development plans demonstrate our commitment to meeting the changing needs and aspirations of older people
There is a national housing crisis and a shortage of retirement options for older people.
Demand is clear - the number of people aged 65 and over in England is set to increase by nearly 60 per cent over 25 years. Specialist housing enables older people to stay independent for longer but increasing supply also helps everyone else on the property ladder. At present, 85% of four-bedroom properties in England are only released on the death of the current occupant.
As England’s largest provider of housing and care to older people, Anchor Hanover is ideally placed to increase supply. We have more than fifty years of experience, financial strength and a not-for-profit model which enables a long-term approach and the reinvestment of returns.
At the heart of our new business plan is our objective to provide more homes where people love living in later life. Homes England will be a key strategic partner and we are keen to work closely with others, including local authorities and strategic landowners, to meet the specific needs of communities.
Our England-wide building programme is creating 3,200 new homes for older people in the next eight years, including 700 on sites we have already identified. This will involve a range of tenures to meet the varied needs of different groups of older people - approximately one-third socially rented, one-third shared ownership and one third outright sale.
As a specialist Registered Provider, we are about more than simply providing a roof. All our new developments will provide a wellbeing offer for people of all tenures which will include a focus on the built environment, technology and support services - and the recognition that not one service will fit all.
We will build across England and will focus on clustering in areas where we already have a significant presence. As a large, national provider, we can offer significant economies of scale through standardisation of design and new methods of construction to manage cost and build times.
While we do have scale, our success comes from understanding local communities and taking opportunities to integrate into local authority plans for areas.
Our ageing society is an opportunity. Now is the time to be ambitious and to define a new future for older people's housing, care and support.
Read about our exciting plans here: Anchor Hanover’s development strategy and plan 2019-2027.