SHADOXHURST “the woodland gateway to the countryside...”
FOSTER & PAYNE OUR BACKGROUND We are an established Kent based builder and property manager specialising in retirement communities. We have developed seven sites within the East Kent area ranging from 4 to 34 units. Formed in 2001, we have an excellent track record in providing high quality, secure housing at affordable rates. Our retirement developments support independent living for the maximum time possible in safe, friendly communities with communal facilities. We are committed to the ongoing management and support of these communities. We strive to ensure our developments are sympathetic to the surrounding communities with a high percentage of open communal gardens. They are of high quality design, with a strong emphasis on landscaping to soften and provide attractive views.
FOSTER & PAYNE OUR OFFERING Our future schemes will encompass additional community services such as a local shop, pharmacy and GP surgery. We offer a mixture of tenures from sales of long leases to shorter term rental options. This provides much need fmexibility which is currently rare within the sector. All or prices and rents are affordable for all. We offer complete cost transparency. There are no hidden costs when selling or transferring ownership and no tenancy renewal fees or event fees. Annual maintenance at our Captain Webbs retirement community in Dover is £1,100 per annum. Our developments aim to allow local people to remain in the area they live but in age appropriate accommodation surrounded by a caring, like-minded community. At Captain Webbs site in Dover over 80% of residents are local people.
POPULATION GROWTH FORECAST IN ASHFORD, 2006-2026 POPULATION GROWTH IN KENT From 2005 to 2015 the population of Kent has grown by 10.9%. It is forecast to increase by a further 21.6% by 2035. Signifjcantly, the growth is largest in the over 55 age group, a trend which is forecast to continue. In contrast, population growth in the 21-30age group (fjrst time buyers) is forecast to stagnate and may even drop. In Ashford, the number of fjrst time buyers will be little changed from 1996 to 2026, growing from 13,100 to 14,800. The over 55 age group will have doubled from 25,400 to 50,600 over the same period*. Suitable age appropriate housing is needed. *Data sourced from kent.gov.uk Growth in population in Ages 21-30: 32.14% vs Growth in population in ages 55-90+ 59.62%
CURRENT PROVISION & DEMAND FOR RETIREMENT COMMUNITIES Over 11.4 million homeowners are aged 55 or over. Although almost a third of older homeowners considered downsizing in the last 5 years only 7% actually did. They are sitting on £820 billion of property wealth and 7.7 million spare bedrooms. This represents 10 years of housing supply based on Government targets – or 20 years based on current housing completions. They could hold the key to alleviating the challenges faced across the property chain by freeing up housing for growing families. However, the UK suffers from a chronic undersupply of age specifjc housing. Only 2% of the UK’s housing stock is retirement property, housing just 1% of 14 million Brits in their 60’s (compared with 17% in the USA). Only 3% of new housing which has been granted planning permission is specifjcally for ‘elderly’ or ‘sheltered’ accommodation. This suggests around 5,500 retirement housing units are being delivered a year based on the current planning to development ratio. Once levels of home ownership and desire to move are considered, data suggests potential demand for 30,000 units per year.
BENEFITS OF RETIREMENT LIVING Our Scheme will allow people to move into suitable accommodation enabling to stay in the village for the long term. Maintenance free living allows older people to spend more time enjoying the freedoms that later years bring. We strive to embody an affordable lettings policy and would welcome working with the Parish Council to achieve this, subject to approval from Ashford Borough Council. Retirement living schemes can provide important health benefjts. Those over the age of 65 have the highest mortality rates and the most severe injuries related to falls. In England and Wales alone, 49% of accidental deaths within this age group were caused by a fall. As such, a move into purpose built, appropriate accommodation could have a major positive impact. The main wish of many as they grow older is to avoid a care home. The cost of renting a room at Hawkinge House, a typical new care home in Hawkinge run by GrahamCare is over £1,250 per week. The typical cost of renting a unit at Captain Webbs is £150 per week. Care Ready - Housing must be able to host care in the home to avoid the necessity to move in to a care home wherever possible. Visits by local carers are always cheaper and preferred by the patient, except in the case of severe dementia or Alzheimer’s.
IMPACT ON THE LOCAL COMMUNITY Our schemes can play an important and positive role in local communities as an alternative to standard market housing. Typically, unit sizes are about 65 to 75m2, three units being equivalent to an executive home. Private car ownership is lower, with less than one car per dwelling. Car use among residents is typically very low, particularly during the peak morning and evening commuter hours. As outlined above our future developments will encompass additional community services such as a local shop, pharmacy and doctor’s surgery. Many residents are active and seek to engage in local activities, join local voluntary organisations or contribute to local community projects. Residents will also support local shops and services.
VISION FOR SHADOXHURST The development will be set in landscaped gardens set behind the houses to the south of Woodchurch Road and should not be visible from the road. The area is within the two main roads of the village and will not impinge on the proposed green buffer zone between the north of the village and Chilmington Green. Our community in Shadoxhurst would consist of around 40 units made up of bungalows and one and two-bedroom fmats. The maximum height of the buildings will be no more than that of a traditional two storey house. All properties will have allocated parking and there will be an appropriate level of visitor parking. Set within landscaped communal grounds with a wide range of communal facilities there will be an onsite manager will be available. Subject to approval by the various responsible authorities, the community will support the building of a local shop and pharmacy, and a GP surgery. Facilities would include a tennis court, barbecue area and bike stores. The development will be set in a landscaped garden set behind the houses to the south of Woodchurch Road and should not be visible from the road. This development will suitably house many older local people in suitable accommodation without putting undue pressure on local roads and facilities.
IN SUMMARY Kent’s population changes means retirement communities are needed. Over 80% of Webbs residents are local; our retirement communities serve the community in which they are situated. We expect the same proportion at Shadoxhurst. Our development will be quiet with few vehicle movements, thereby maintaining the local experience. Retirement units are smaller with emphasis on communal facilities so many can be house with a smaller footprint - in contrast to larger family home style developments. No buildings will be over 2 storeys, and are mostly bungalows both for the comfort of our residents while also not impeding the view locally. The development will not be visible from the road.
THANK YOU 161-165 Folkestone Rd, Dover CT17 9SZ 01304 210332 | info@fosterandpayne.co.uk
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