How Homeshare helps older people stay independent at home longer: A cost effective and positive alternative to Social Care

Homeshare is a mutually beneficial arrangement that connects older people (Householders) who have a spare room with younger individuals (Homesharers) who are seeking affordable accommodation. In return for a safe and welcoming place to stay, the Homesharer provides companionship and light support around the house, such as help with cooking, cleaning, shopping, or even a friendly chat over a cup of tea.

Staying Independent at Home

The desire to continue living at home is universal. In fact, surveys show that over 70% of older adults prefer to remain in their own homes for as long as possible. Homeshare supports this wish by offering a flexible, affordable solution that allows older people to stay in their own homes for longer while receiving the support they need.

Homeshare doesn’t just provide practical help, it’s about maintaining dignity, independence, and connection. For older people, staying in their own home can provide them with a sense of autonomy, a familiar environment, and the opportunity to continue with their daily routines without feeling overwhelmed. This helps preserve a person’s mental and emotional wellbeing, allowing them to feel in control of their life and living situation.

The Positive Benefits for Older People

One of the most significant advantages of Homeshare is the companionship it offers. Loneliness is one of the most pressing issues for older adults, with studies showing that 1 in 3 older people in the UK experience loneliness on a regular basis. Having a Homesharer in the home means that older adults can enjoy regular conversation, shared meals, and even the simple joy of someone being there to chat with, watch TV together, or help with daily tasks.

Additionally, the peace of mind it brings to family members cannot be overstated. Knowing that their loved one is not alone and has someone there to help with day-to-day tasks provides reassurance and alleviates the worry that often comes with having an older relative living alone.

A More Cost Effective Solution

One of the biggest barriers to care for older people is the cost. Traditional social care — whether that’s in-home care or residential care — can be very expensive, putting a significant strain on families and the public system. With the cost of live-in care services averaging over £900 per week, and care home fees ranging from £2,000 to £4,000 per month, it’s no surprise that many older people and families feel overwhelmed by the financial burden of care.

In contrast, Homeshare is incredibly cost effective. Householders typically pay a modest monthly fee, which covers the recruitment process, vetting, and support, amounting to a fraction of what traditional social care costs. The Homesharer, in exchange for accommodation, provides valuable support, making it a mutually beneficial arrangement for both parties. The low cost of Homeshare offers older people and their families an affordable alternative to traditional care.

Delaying the Need for Social Care

Homeshare is not only affordable, but it can also delay the need for more formal care. By providing older adults with companionship, support, and a sense of connection, Homeshare helps maintain physical and mental health, which reduces the likelihood of hospital admissions, falls, and the overall deterioration that often leads to the need for more specialised care.

By keeping people socially engaged and physically active with the help of a Homesharer, Homeshare reduces isolation, encourages healthy habits, and maintains a sense of purpose and independence. All of this helps to prevent the need for urgent interventions or a move to a care home, making it a sustainable solution for families and communities alike.

The Community Impact

The beauty of Homeshare is that it’s a community-driven model that benefits not just the individual, but the wider community. By bringing together two people with different needs, Homeshare fosters intergenerational connections and creates a sense of shared responsibility. The Homesharer gains affordable accommodation and the opportunity to make a real difference in someone’s life, while the Householder gets the support and companionship they need to thrive.

Additionally, the positive impacts of Homeshare ripple out into the healthcare system and local communities. The more people who remain healthy, engaged, and independent in their homes, the less pressure there is on social care services, hospitals, and local councils, reducing overall costs for public health systems.

The Future of Care is Here

Homeshare is not a new concept. It has been successfully implemented across the UK and internationally for decades, with remarkable results. As traditional care models struggle with rising costs and demand, Homeshare offers a refreshing, cost-effective solution that’s making a real difference in the lives of older people, their families, and the wider community.

At Homeshare North East, we’re committed to helping older people stay independent, feel safe, and combat loneliness, while also providing mutual benefits for younger people in need of accommodation.

If you or someone you know is looking for a safe, affordable way to stay in their own home with a little extra help, Homeshare might be the answer.

To learn more about Homeshare North East and how it can support you or a loved one, call us on 07470348573.