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2h ago

Calls Grow to Build More Bungalows as Over‑55s Delay Moves

NHBC figures show single‑storey homes now account for just 1% of new registrations, highlighting a persistent supply‑demand gap for older movers.

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Overview

  • An Opinium survey for the HomeOwners Alliance found 38% of homeowners aged 55-plus would choose a bungalow for their next move.
  • One in seven over‑55 homeowners said they want to move but feel unable to, citing stress, a shortage of suitable options, and reluctance to leave their communities.
  • NHBC data show bungalows fell from 11% of new home registrations in 1990 to 1% in 2024, with its 70%+ warranty market share used as a proxy for the new‑build pipeline.
  • Coverage notes that NHBC registrations may not proportionally reflect the retirement living sector, adding caution to any direct market‑share inference.
  • Retirement developer McCarthy Stone reports a 'critical shortage' and says it has 15 bungalow developments with about 300 units either sold out or selling, with more sites planned.