A recent survey of UK retirement renters highlights what really matters when it comes to housing, and why rental options are becoming increasingly popular.
Research by retirement rental specialists My Future Living found that 80% of residents feel happier living in a rental, while 70% say they feel safer living in a retirement community than in their previous homes. The findings highlight how secure, well-managed retirement rentals can increase independence and everyday comfort for older adults.
With three-quarters of retirees living alone within retirement communities, safety and reassurance are high on the list. Half of all respondents reported that having an emergency call system in their apartments and on-site support staff made them feel safer.
The survey also found that security of tenancy is the top priority for 38% of respondents, while 29% said well-maintained communal gardens were an important factor in their decision to rent.
Many older renters described the impact on their day-to-day wellbeing. Susan Long, a resident in her seventies, said: “It’s the first time in years that I’ve felt genuinely settled. Knowing there’s someone on site I can call in an emergency makes such a difference when you live alone.”
For Denise Birley in her 60s, practical security measures provide peace of mind. Denise says: “There is a security door to enter the development, and an emergency cord in my flat so I can always get help if I need it. The manager checks in daily, which is very reassuring.”
Financial and emotional considerations also play a role. Retirees increasingly see renting as a way to reduce maintenance burdens, free up equity, and maintain independence.
Michael Broome and Anna Harvey described how moving into a rental community transformed their retirement. Anna said: “Moving here has given us a new sense of peace and security. The community is wonderful, and the staff are supportive.”
The findings reflect a broader shift in older adults’ housing preferences. Beyond bricks and mortar, retirees value safety, social connection, and practical support, suggesting that wellbeing in later life is closely tied to having the right living environment.
Commenting on the findings, Joanna Couch, Director of Finance & Operations at My Future Living, said: “These findings reflect exactly what we see every day, that renting in retirement offers stability, safety and a true sense of community. Our residents value the reassurance of knowing support is available if they need it, without compromising on their independence. We’re delighted that so many feel happier, more settled and more confident since moving into one of our developments.”
The findings show a shift away from traditional homeownership in retirement, with older adults increasingly prioritising lifestyle, reassurance, and independence over long-term property obligations, rising costs and the responsibilities of homeownership. These factors are driving more retirees to choose renting in retirement, allowing them to free up equity, reduce maintenance worries, and enjoy the lifestyle benefits of managed communities.
To find out more about renting a home in a retirement development visit: www.myfutureliving.co.uk