Neil Moy, managing director of finance at Paragon, explores why the UK must move beyond its nostalgic fixation on bungalows and adopt a more holistic approach to housing for an ageing...

1.2 million homeowners aged 55+ have abandoned plans to move in the past two years.

Downsizers are driving demand for single-storey living, but bungalows account for just one in 10 homes for sales