Today ReSI Property Management Ltd, is pleased to launch its new retirement rentals brand, My Future Living, to offer good quality, affordable, retirement rental properties on assured tenancies in later living communities across the UK.
Also, from today, ReSI Property Management will employ directly the entire Girlings Retirement Rentals’ property management and lettings team based in Taunton. This will allow this team to focus solely on managing the Retirements Rentals Limited portfolio owned by investment trust, Residential Secure Income plc (“ReSI plc”).
With a portfolio of 2,222 one and two bed rental properties in modern, purpose-built retirement communities, My Future Living will be the UK’s market leading retirement rental brand and aims to make renting an easy and mainstream option for everyone.
Under the new brand of My Future Living, ReSI Property Management now plans to invest in the business and scale it.
Nygel Scourfield (above) has been appointed as the new Chief Executive of My Future Living and Executive Director of ReSI Property Management and Jamie Turnbull from Girlings has been appointed as Business Director of My Future Living.
Nygel Scourfield, Chief Executive, My Future Living said, “ReSI Property Management Ltd is delighted to launch My Future Living to the market. We plan to build the portfolio to meet growing demand for quality rental homes on assured tenancies, in safe and friendly retirement communities in the UK.
My Future Living’s new team are experts in retirement rentals who have specialised in the market since the 1990s and built a reputation for delivering first-class service and customer care. We are looking forward to building on their great work.”
Jamie Turnbull, Business Director, My Future Living said, “My Future Living has exciting growth plans. There is huge demand for good quality, affordable retirement rentals and we’re excited about the opportunities ahead.”
Research from Zoopla[i] showed that rental demand in 2020 was up by 20% compared with 2019 and demand was amongst the greatest for the over 55s. Another survey amongst retirees from residential property service provider FirstPort, found that more than a quarter (27%) were looking for a sense of community. Four in 10 said the recent lockdown restrictions had motivated them to move into a later living property. Almost half (48%) of those considering a move into a later living village hoped it would create new friendships.
My Future Living is deeply committed to the retirement rentals market and will be investing in the market and introducing business improvements such as new technologies and business processes to make it easier for tenants and business partners to work with them.
Nygel concludes, “Our financial investment, leadership, and our team of experts, will put My Future Living in a good position for future growth. Our goal is to make renting an easy, mainstream and hassle-free later living option where people can really enjoy the next chapter of their lives.”