TAUNTON-based retirement rentals company My Future Living has a new property director as it approaches its first birthday.

Dominic Stead has taken on the role at the company, which is part of ReSi Property Management Ltd.

He brings to the team in Taunton a wealth of experience to the retirement brand as it aims to make renting in retirement an easy and mainstream option for everyone.

His previous roles include head of property and asset management at Cheltenham Borough Council, where he was involved in the development of affordable housing, as well as modernising the way local government utilises property assets.

Prior to that Mr Stead spent 17 years with CBRE in Asia servicing clients across commercial agency, property management and investment.

His 20-year tenure in expanding markets also included three years as the asset manager at Walt Disney working on property strategies to facilitate growth in the region.

My Future Living has a portfolio of more than 1,800 one- and two-bed rental properties in modern, purpose-built retirement communities across the UK that can be rented on assured tenancies.

Mr Stead's role is to develop the brand and capitalise on the growing numbers of older people choosing to rent.

Commenting on his appointment, he said: “I’m delighted to join My Future Living at a key time on its journey to becoming a market leader in retirement rentals.

"We offer affordable, quality rental homes in safe and friendly communities, which meets a major need in the property market.

"We make renting an easy and hassle-free later living option so people can really enjoy the next chapter of their lives.

"I’m very much looking forward to leading the team and scaling the business in what is becoming one of the most dynamic areas of the property market.”