How renting in retirement makes retirement hotspots Plymouth, York and Swansea affordable

Where to live is a key consideration for people when they are planning their retirement and many people aspire to retire by the sea, according to retirement rentals brand, My Future Living.

Rest Less[i], the online community for the over 50s, recently revealed that Plymouth, York and Swansea are three of the best places to retire to in the UK – two of which are on the coast. They also highlight Sussex, Cornwall and Norfolk as popular choices – which have many coastal resorts ideal for retirees.

Jamie Turnbull, Business Director at My Future Living said, “Enjoying retirement by the sea is a dream for many. Places in southern England especially benefit from the greatest number of sunshine hours per year in the UK. It’s also renowned that the closer a person lives to the sea the better for their health[ii].

“But for those considering buying in coastal resorts it can be expensive.  A more affordable option is moving to a retirement rental property. There are other benefits too such as freeing up capital if selling a home and no longer having to maintain and upkeep a property. We feature retirement apartments to rent throughout the UK including in Plymouth and Swansea, and in Cornwall, Norfolk and Sussex giving people plenty of choice to find a rental home in an area that appeals to them.”

My Future Living specialises in quality and affordable retirement rental apartments located in modern purpose-built developments for people aged over 55 years old. Most are available on assured ‘lifetime’ tenancies, giving the same security of tenure as owning a home.

One resident who moved to Cornwall in retirement is 78 year old Fred Lawrence, who has fulfilled his life-long dream of daily coastal walks. Fred is now enjoying all the benefits of the Cornish air and his proximity to the sea.

Prior to his move Fred had never visited Cornwall; but his son was keen for him to – move from – Maidstone to be closer to him. After just one visit, Fred said it was an easy decision to make after finding a lovely property to rent in a retirement development called Trafalgar Court.

Fred said: “Moving house and renting in retirement was a big change for me, but I can honestly say I haven’t looked back and am so happy I finally decided to make the move to the seaside and to be closer to my son.”

Fred is also enjoying the social side of living in a retirement community along with all the facilities and having friendly neighbours.

He said: “I look forward to our regular Wednesday coffee mornings where we all get a chance to chat and socialise – I appreciate this even more after the months of lockdown. The gardens are lovely, so tidy and well looked after. The whole development feels like home and the people couldn’t be friendlier.

“Moving to an unfamiliar place could have been quite daunting but I am really enjoying retirement life and all the benefits of being close to the sea and living in a place where I feel safe and secure.”

My Future Living currently has a one bedroom property at Homegower House in Swansea to rent for £750 per calendar month on an assured tenancy, including services and maintenance. Other properties are available in developments across the UK and property listings are updated daily.

Most developments have communal facilities including a communal lounge where social events and activities take place and gardens. There is also a 24 hour emergency call system in each apartment and an onsite Manager who oversees the development during the day.

To find out more about renting a home in a retirement development visit: www.myfutureliving.co.uk

 

[i] https://restless.co.uk/leisure-and-lifestyle/home-garden/the-best-places-to-retire-in-the-uk/

[ii] https://www.ecehh.org/research/coast-wellbeing/