While you might have experience of buying property when you’re searching for the home you intend to stay in for the rest of your life, it can present some new challenges and considerations. Indeed, research suggests many older people are living in unsuitable homes.
An Age UK report (15 October 2025) suggests there is a shortage of homes suitable for last-time movers. For example, the report highlights a lack of properties with step-free access suitable for people with mobility issues. 92% of information and advice managers working at Age UK said they come across older people living in unsuitable housing often.
The issue disproportionately affects those renting later in life, but it can also be difficult for homeowners.
If you’re going to purchase your last home, here are five practical tips that could help you select the right property.
1. Choose the location carefully
Location is always important when buying a home, and as your mobility might decline in your later years, it becomes even more essential when you’re purchasing your last home.
You might want to consider how accessible amenities, like shops or a healthcare provider, are, or whether there’s a bus stop close by that will help you get around.
As well as the essentials, don’t forget to consider your lifestyle. If you’re a film lover, you might want to ensure there’s a cinema close by, or you could benefit from a community centre if you’re looking forward to a thriving social life.
Consider where your family are located as well, especially if you might rely on them for support in the future.
2. Assess what level of property maintenance you can manage
As well as assessing what maintenance you can carry out now, think about what you’ll be able to do in your later years.
For some people searching for their last home, low-maintenance living will be important. You might want a smaller property that’s easier to clean and a garden that requires minimal attention.
On the other hand, you may want to purchase a larger property that offers the space to host family events and ensure loved ones can spend the night. Or if you’re a keen gardener, you might be eager for a large plot that will help keep you active as you age.
Think about the kind of lifestyle you want to enjoy and what will be manageable. Choosing a home that suits your long-term needs could make your retirement more comfortable.
3. Consider your future mobility
Many people struggle with mobility later in life, and it’s worth considering this when you’re looking at different properties.
Choosing a last home that has wide hallways to accommodate mobility aids, has step-free access, or a bathroom large enough to install a walk-in bath and shower solution could make updating your home in the future far easier.
You don’t have to purchase a home that has mobility aids installed, but thinking about what you might need, and calculating the potential cost, could be invaluable.
4. Consider your long-term finances
When you’re buying your last home, it’s important to think long-term about your finances. Don’t just assess what’s affordable now, but what will be in the future.
If you’ll be taking out a mortgage to buy your home, will you still be making repayments when you’re ready to retire or start reducing your working hours? Assessing your ability to meet repayments over the long term could improve your financial resilience and avoid potential shocks.
Even if you don’t have a mortgage, you might want to consider the costs associated with the property and how you’ll meet them in retirement. For example, how will Council Tax fit into your budget or are there large maintenance costs you’ll need to cover?
5. Monitor the value of your property
While you might intend to remain in your new home for the rest of your life, don’t overlook the resale value or how changes to the property could affect it.
You never know what’s around the corner, and your plans could change drastically in the future.
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If you need a mortgage to purchase your last home, we could help. Please get in touch to talk about your needs.
Please note: This blog is for general information only and does not constitute financial advice, which should be based on your individual circumstances. The information is aimed at retail clients only.
Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it.