If we do not hear from you, we will assume that you agree that it is accurate. : exclusively designed for the mature buyer, this stunning new mccarthy and stone development. x. With regard to subletting on leases prior to October 2014, we will charge a concessionary rate (irrespective of the provisions in the lease, which may be higher) of one month’s rent for each year that the apartment is sublet (or pro-rata for less than a year). This fee does not go to McCarthy Stone but covers the long-term maintenance of your development. No. McCarthy & Stone Resales - Steve Grist & Carol in Falmouth We have been involved in moving my mum down to Falmouth Cornwall after the death of her partner and I contacted McCarthy & Stone Resales to view a flat in Trelawney House, the most recent McCarthy & Stone venture in the town. The Government has also recommended allowing the retirement community sector to continue to charge a fair and stable ground rent after the reforms are introduced because of the way our sector uses ground rents to help pay for the initial construction costs of our shared areas. Watch this video  to learn more about the protective measures we’re taking and what you can expect from us when you arrive. Our ground rents are comparable with those charged by other providers of retirement living accommodation and are competitive within the housebuilding industry. This can be used by visiting guests and relatives — who can stay overnight in our guest suites. Talk to your sales consultant about the process or call: 0800 201 4811. Yes, the hour support is included in the service charge at a flat rate. On-site car parking is provided, athough arrangements vary between developments so please contact the on-site Sales or Management team for more details or talk to us on 0800 201 4811. This is a concession from the terms of the lease which are in essence one month’s rent for each six month sublet period. We charge a fee for the cost of chasing rental payments that are more than 14 days overdue. YLMS provide flexible personal care and support packages, individually tailored to suit our homeowners’ needs. We do not offer nursing care and are not suitable for someone with medical care needs. Yes, but we try to keep annual increases in line with inflation although certain costs like energy prices can have inflationary pressures that are outside of our control. Over the past two years, our Entitlement Advice Service has helped our customers claim more than £1 million a year in unclaimed benefits, advising on things like Council Tax benefit, Attendance Allowance, and state pensions. McCarthy Stone is part of the Tenancy Deposit Scheme, membership number G10625. Services include help with going to bed and getting up in the morning, a sitting, night sleeping or waking service, preparing breakfast, getting to and from appointments or regular assistance during a period of convalescence. So you only pay for the care you need at the time you need it. Yes. Yes. Retirement villages are typically large-scale out-of-town developments of up to 250 units, providing a range of accommodation and care options. The information used by McCarthy Stone can give you a more personalised experience on our site. Information on Right to Manage is given to every homeowner in the Purchasers Information Pack. If we do not hear from you, we will assume that you agree that it is accurate. If you disagree with anything in it, you must let us know within 14 days of the start of your tenancy. Examples of this include setting your privacy preferences or filling in forms. Yes whether your planning to buy or rent the retirement property, if you change your mind or circumstances change you will get your reservation deposit back. The most recent sale there was for … Living in a McCarthy Stone apartment - including rights, rules and what's included. Every year the service charge is agreed in consultation with residents in our managed schemes through an open-book budgeting process. We offer to pay reasonable legal costs to homeowners who wish to establish a Right to Manage company. Some really desirable apartments can be rented for £200 per week. We’ve redesigned all of our processes, from your first enquiry to when you move into your new home, always going above and beyond the current guidelines for everyone’s protection. Note: While we provide a wide range of personal care and support services, it is not suitable for people who require residential nursing care. McCarthy Stone properties are designed for active independent living. The completion date is the day the property legally becomes yours. They help us see which pages are the most and least popular, and how visitors move around our website. Our ground rents are fair, says McCarthy and Stone (even though they go up to £600 and are for no service whatsoever) Our use of these cookies might also mean that you see McCarthy Stone adverts when you visit Facebook. McCarthy Stone is part of the Tenancy Deposit Scheme, membership number G10625. This can be used for cleaning, running errands, changing bedding and so on. Find out more about strictly necessary cookies here. We would need to raise prices by c.£15-£18,000 per apartment to cover the costs of building the communal areas without ground rents. For managed developments released for sale prior to August 2015, leases are typically for 125 years. For a full list please speak to your House or Estate Manager. Your search: For rent house mccarthy stone retirement. No. Some of our sites have a laundry facility, although this varies. 1 bed. One hour’s domestic assistance is included in the weekly service charge in the majority of Retirement Living PLUS developments. Talk to your sales consultant or call: 0800 201 4811 for advice. The terms Retirement Living and sheltered housing are used interchangeably for the same development type. *Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018. The ground rent does not increase after the 125th anniversary even though our new leases are for a term of 999 years. due to a running tap etc). Yes. We will contact you to arrange a convenient time. Did you know? Yes. Give us a call on: 0800 201 4811. They are set by McCarthy Stone at the start of the development and are clearly highlighted to all customers. You will also have to pay a security deposit equivalent to five weeks rent when you move in. Yes. The freehold is sold to property investment bodies who are owned by mainstream UK pension and annuity funds. Without this income stream, we will not be able to buy as many sites as we have been at a time when the sector should be expanding to meet demand. Leases can be extended and you can find out further information from the, Lifestyle Living - Luxurious and low maintenance private properties exclusive to people over 55, Retirement Living - Luxurious and low maintenance private apartments in great locations, exclusive to the over 60s. Once contracts have been exchanged a completion date will be confirmed by your solicitor and/or one of our Sales Consultants. The money raised from the sale of the freeholds is then reinvested into the business to assist with the funding of future developments. Anyone completing on a home that will be their main residence before 31 March has the potential to save thousands of pounds. This gives you the benefit of the first choice of properties, and plenty of time to prepare. Retirement Property For Rent Touchstone is working closely with McCarthy & Stone, the UK’s leading retirement housebuilder. Yes. Call them on: 0345 556 4126 or find out more. We will contact you to arrange a convenient time. We sometimes carry out inspections to check the condition of the property and to see if there’s any maintenance work we need to do. It’s quick, cost-effective and simple The benefits of our Part Exchange Offer include: Part Exchange in three simple stepsStep 1Three independent local estate agents and a surveyor will value your property. You can make an amendment, if McCarthy Stone agree, for a £50.00 fee. Find more information here, speak to a member of our team on 0345 556 4104 or email [email protected]. Council tax is not included in the service charge. If you’d like to sell your McCarthy Stone property call: From ‘what is the service charge for?’ to our policy on pets, you’ll find the answers here. That said, if a homeowner develops dementia, there’s a lot we can do to support them. Yes, you will need to pay a small refundable reservation deposit to reserve the property. It is best to take advice from an insurance broker. Homeowners can work with the chef to select the menu for their guests. The majority of properties built and managed by McCarthy Stone increase in value when resold. The government has increased the stamp duty threshold in England, meaning there’s no stamp duty to pay on properties costing £500K or less from now until 31 March 2021. Frequently asked questionsWe’ve put together a list of answers to your most common questions about our retirement properties. For a typical Retirement Living apartment (based on Atwood House in Sanderstead), the latest service charge is £48.93 a week for a one-bedroom apartment and £73.36 a week for a two-bedroom apartment. When it comes to finding your ideal new apartment, you should also consider which of our development types best fits your needs. We can’t ask you to leave unless you have broken the terms of the agreement. Up to 1 month‘s rent free (t&c‘s apply)show homes now opentuesday - saturday. Assured Tenancy means that you agree to rent the property for a fixed term of 12 months, but after that you can leave at any time as long as you give two months written notice. Terms and conditions apply. Any questions? It provides you with an affordable way to enjoy the McCarthy & Stone lifestyle without any longer-term commitment. As a registered builder with the NHBC, all new McCarthy Stone apartments come with a 10-year NHBC Buildmark. Before you can move into your property, you will need to pay the first month’s rent together with your security deposit, minus the reservation deposit you’ve already paid. However, this varies, and some developments offer 30 minutes of domestic assistance. The sessions start from as little as 15 minutes per day and can be increased and decreased as required. You will need to pay ground rents on our leasehold properties in England and Wales, but not Scotland, which operates under a different legal system. We take complaints very seriously. It is held in trust and used only on the maintenance of that development and cannot be accessed by McCarthy Stone for its own purposes. For more information call:  0800 201 4811. Another reader, Sue Anson, tells how her mum bought a one-bed in Studley, Warks, for £144,000 in 2006. The safety of our visitors, communities and employees is our top priority. We need advance notice of the proposed rental agreement and we ask for a reasonable contingency fee to be paid into an account held on trust for repairs to the property. It is a specific fund kept in the development’s own bank account. Should you change your mind or we can’t proceed based on the results of the background checks, your reservation deposit will be returned to you in full. Meals for special events will be priced by each individual experience and may cost more. We use this information to make our website more relevant to your interests. Step 2We’ll give you a part exchange offer based on these valuations. Bear in mind you may get a higher price on the open market. The Estates Managers can provide you with more details, or talk to us on 0800 201 4811. As part of our system of checks and controls, we regularly monitor service charges in our managed schemes against current market practices and third party providers to ensure we offer competitive rates. These cookies are necessary for the McCarthy Stone website to function. The service charge budgets represent the costs that we expect to incur in a normal year, with a full development. If you do not allow these cookies we will not know when you have visited our website and will not be able to monitor its performance. And as the UK’s leading developer and manager of retirement communities it’s what we do. We do not allow smoking in your property or the communal areas. Residents can also use the meetings to air their views. It’s important that the housing decision you take is suitable for your personal and financial circumstances, which is why we carry out an initial affordability check and require you to meet an Independent Financial Advisor (IFA) for a full financial assessment. This goes into the sinking fund (the contingency fund) for each development, which covers maintenance of that scheme. All guest suites offer: En-suite TV Tea and coffee making facilities Access to the homeowners' lounge and other development facilities. Our agreements are assured, affordable and flexible. The Government’s proposals also note that future customers in retirement developments will have the choice of either paying a higher sale price with no ground rent or a lower sale price with a specified economic ground rent. It will also cover accidental damage to the fixtures and fittings. This means that we will continue to be the landlord and responsible for the estate management of the development. Download our Client Money Handling Procedure and Client Protection Money Certificate. They are tightly regulated by national legislation and must relate to the management services provided within the development, not to construction or repair costs. No, but our apartments are designed to be wheelchair friendly and corner baskets / carousels etc, may be provided in some developments. It’s when the solicitors representing both you and McCarthy Stone swap signed contracts. By clicking "Accept all" you agree to our use of cookies or, you can click on the list items to find out more and manage your preferences. They are tightly regulated by national legislation and must relate to the management services provided within the development, not the building costs. If you lose or damage the keys to the property, you will be charged reasonable costs to provide replacements. If you are still unhappy you can use our formal complaints procedure. The cost is usually £25 per night for the guest suite, however this may vary depending on the development so please check with your Sales team. Within a Retirement Living development a homeowner’s guest or guests are welcome to stay for as long as the suite is available and paid for. At some of our most recent developments, the service charge also includes the cost of heating the apartments. We will be point of contact for the day to day management of the apartment and manage the provision of services to the apartment and communal facilities of the development generally. For some, it offers the chance to ‘try before you buy’. As well as the kitchen facilities in the apartments, residents will also have a table service or bistro style restaurant available for use at a small extra charge. They exist primarily to help homeowners negotiate on things like repair schedules, finance and social activities. We can arrange a private, confidential Wellbeing Assessment with the Estates Manager, and a personalised care plan is then put in place so homeowners can be sure they’ll have all the care and support they need from the moment they move in. ... McCarthy & Stone claims a lot of the lease problems are … You will be asked to run through some quick health questions before your visit and follow our safety procedures including a temperature check. Kitchens are fully fitted with white goods which come with a 2-year guarantee. Ground rents help to pay for the communal areas to be built. Click on the different category headings to find out more or to change your settings. Prior to the pandemic, McCarthy & Stone reported 14-month revenue in 2019 at £725m, with profit down a quarter to £43m. A transfer fee, which is also known as an exit or event fee, was a charge paid directly to the freeholder of the development when an apartment was sold or rented out. All care and support services can be provided by our on-site care staff. We’ll give you a part exchange offer based on these valuations. No. Download the Tenancy Deposit Scheme leaflet. Ground rent enables our apartments to remain competitively priced. The fee is 3% above the Bank of England’s annual percentage rate and it is charged for each day the rent is late. You can staircase to 100% at which point the property would be wholly owned. Other than the House Managers and Estate Management teams, who we employ, we do not provide any of the services ourselves but instead get competitive quotes from other providers. A small additional charge will be added to guest meals. Find flats to rent in Stone, Staffordshire with the UK's leading online Property market resource. Most problems can be solved quickly and informally by our House/Estate Managers or sales consultants, so please do speak to the team first. Homeowners are under no obligation to take care packages from us and can use a third party if preferred. You can compare our age exclusive options here. The security deposit is equivalent to five weeks rent. Some retirement village operators charge customers large exit fees instead of ground rents, sometimes worth up to 30% of the property’s value, meaning customers could end up paying much more overall. If the development was built by us before September 2008 but third parties own the freehold, we are unable to control the transfer/exit fee, but the owners will be fully aware of this. 48 Houses to rent in Stone from £900 / month. That depends on your individual circumstances, but in many cases, service charges are lower than like-for-like costs in a previous property. Though these cookies cannot be switched off, you can set your browser to block or alert you about them, but please be aware that this will stop some parts of the website from functioning as intended. These proposals have not become law and the Government is not proposing to make them retrospective. When business resumed – Ann picked up the reservation and suggested that the property could be marketed with The New Homes Group. We do our very best to negotiate the best cost with third party service providers on behalf of our residents. With no need to purchase outright, you could be settled into your new home with the minimum of fuss. With Smooth Move we offer you contributions towards your estate agent and legal fees as well as free specialist removals: Up to £2,500 towards estate agent fees* If you sell your existing property through our recommended estate agents, we’ll contribute £2,500 (inc. VAT) towards fees, once you’ve legally completed. Our apartments are built to comply fully with building regulations which cover sound proofing. Examples of this include setting your privacy preferences or filling in forms. It is there to benefit all homeowners and is used to pay for the replacement of carpets and furniture in the shared areas as well as longer term repairs like roofs, window frames and lifts. The information used by McCarthy & Stone can give you a more personalised experience on our site. No. *Stamp Duty Land Tax  **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018. Increases are linked to either the movement in the Retail Price Index (RPI) since the last review, or if greater, by 2% per annum, and are compounded yearly. We’ll ask you to complete a Rental Application Pack and an Income and Expenditure form to get the information we need to do standard background checks. We don’t believe in a ‘one size fits all’ approach. For many people, renting provides a quick, easy and flexible way to enjoy all the advantages of life in a beautiful McCarthy & Stone apartment. Our retirement rental prices include service charge and ground rent. Our resales team can answer any questions you have. Yes. You will pay a deposit and at this point the agreement becomes legally binding – which means neither party can change their mind without incurring a penalty. Unlike other housebuilders, McCarthy Stone retains this long leasehold interest until after the lease of the apartments on a particular development has expired. Exclusive to the over the 70s, these are luxurious and low maintenance private apartments in great locations. Yes. This means we have an in-depth knowledge of the facilities and services available at McCarthy & Stone retirement developments and have an excellent relationship with the house managers at each development. In most of our developments water and sewage is included in the rent. These are elegant low maintenance private apartments in great locations, exclusive to the over the 60s. There is a maximum five night stay within Retirement Living PLUS developments. Following discussions with Campaign against retirement leasehold exploitation, McCarthy and Stone is dropping the one per cent contingency fund contribution that has to be paid every time a flat is rented out. YourLife is regulated by the Care Quality Commission in England and its equivalent bodies in Scotland and Wales. You’ll be asked for proof of income, savings and/or pensions, along with copies of your last three months’ bank statements. Or talk to us on 0800 201 4811. We have 35 properties for rent listed as: flat mccarthy stone, from £110. The care packages can be increased or decreased as your needs change. Receive the latest property listings by email. This concession will apply for a maximum period of two years, after which time we will revert to the terms of the lease. The benefits of retirement rentals. The fixed costs of the restaurant and the catering staff are included in the service charge. The rent is set at the point of purchase. Yes. Find: county of east sussex properties for sale at the best prices Property for sale Property for rent Flatshare Office space for rent Overseas property Search If it was removed, it may well result in higher purchase prices in the region of £15-£18,000 per apartment, although we remain determined to limit any increases and will look at all alternatives. This means we can offer a personal service throughout the whole process. Our partners may also use information recorded by these cookies to see how well their adverts are performing. (retirement living), ML3 - Rightmove. Our ground rents are typically between c.£400-£500 per year depending on the level of service, number of bedrooms and location. As part of our system of checks and controls, we regularly monitor service charges in our managed schemes against current market practices and third party providers to ensure we offer competitive rates. So far none of our homeowners have done so and we continue to provide services on their behalf. If you haven’t  received a brochure within 10 days of your request then please give us a call on: 0800 201 4811. McCarthy and Stone kept in touch through out the lockdown knowing that I lived on my own and had interest in Augustus House. We believe it is the best way to protect homeowners from unexpected costs like a major refurbishment or structural repairs. We also offer a car club. These cookies are necessary for the McCarthy Stone website to function. We charge a fee for the cost of chasing rental payments that are more than 14 days overdue. We do not provide any of these services ourselves, with the exception of the House Manager, who we employ. Let us help you decide. A small number of developments may be less if we have not acquired the freehold of the site. You’ll receive a service charge leaflet and our Sales Consultant will sit down with you to help you fill in the costs, review what’s covered in budget and compare the to day-to-day running costs with your current home. Care homes fees are usually inclusive of personal care. There is also a small administration fee to cover the costs of checking that the incoming occupier meets the terms of the deed of conditions. The retirement community sector uses ground rent income to recover much of the construction costs of the communal areas within our developments. This option would give a potential purchaser time to find out if the retirement development way of living is for them. Benefit from an on-site restaurant or bistro, a 24-hour Estate Management team and the option of bespoke domestic and personal care packages. Selling your McCarthy & Stone flat. A clear difference between care homes and our apartments is that the apartments are available for purchase, meaning that your beautiful new home really is yours. Yes! We are delighted to be able to offer a range of outstanding unfurnished retirement apartments for rent in various locations across the UK. What 's included just to live with you in your apartment up the reservation and suggested that property... Properties are designed to be McCarthy and Stone development all leases in all new and! 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