Spotlight: Housing an Ageing Population

This report from Savills highlights the twin challenge of unlocking the equity and making more efficient use of the housing stock. It outlines that although older households are sitting on a large amount of wealth, without the ability to sell or borrow against it, housing equity becomes just a number on a piece of paper. With housing market transactions improving but still below pre credit-crunch levels and mortgage market lending still relatively tight for both older borrowers and first-time buyers, opportunities to unlock this equity will remain constrained without further innovation in the sector.