At present only a fraction of older households live in senior housing despite research finding far more people are interested in such options than actually live in them. This is an issue for the individuals involved, their families and capacity in the wider housing market.
The Varsity Line is a new East-West Rail line between Oxford and Cambridge, which is due to be completed by the year 2030. This rail link is part of a bigger transport and infrastructure initiative underway in the Cambridge-Milton Keynes-Oxford (CaMkOx) corridor.
The Private Rented Sector (PRS) is a classification of housing in the UK. The basic Private Rented Sector definition is property owned by a landlord and leased to a tenant. The landlord, in this case, could be an individual, a property company or an institutional investor.
Capital Park is a specialised office park focused on providing workspaces for high-growth businesses. The park is located in Fulbourn, close to the centre of Cambridge, a town known for its prestigious university and dynamic skilled workforce.
The East West Rail Link, also called the Varsity Line, is the railway route that once linked Oxford and Cambridge. It allowed for quick and easy travel between the two university towns, and also provided easy access to Milton Keynes.
A compulsory purchase order (CPO) is a legal process that allows acquiring authorities (including public and private bodies) to require those with interest in property, e.g. owners and occupiers, to sell their interests if they obstruct any development or infrastructure project that benefits the ‘greater public good’.