New research by the National Housing Federation (NHF) has revealed more than 866,000 people over the age of 55 are living in private rented sector (PRS) accommodation, with over half of older private renters (52%) stating they want to retire but can’t due to housing costs.  

The survey found that 48% of older private renters worry about getting into debt as a result of high housing costs and other living expenses, while one in four people who have retired have considered going back to work due to housing costs.