These cookies allow us to understand how people use our website and where they came from, so that we can measure and improve the performance of our website, as well as to remember your preferences. 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. Read the McCarthy Stone Ground Rent Briefing Note (February 2020). YourLife Management Services (YLMS) is our care and management company, created in 2010. Within the M25 area, they range from c.£500-£600 per year. This fee does not go to McCarthy Stone but covers the long-term maintenance of your development. Unless we say otherwise, it’s your responsibility to arrange and pay for council tax, electricity, gas, water, sewage rates, TV licence etc. Yes. These proposals have not become law and the Government is not proposing to make them retrospective. The walls are painted in cream or white as standard however we can also provide interior design options at an additional charge. Most of our developments are more than happy to welcome a well behaved pet to live with you in your new home. We do not offer care homes. There is no obligation for you to accept. This means that we will continue to be the landlord and responsible for the estate management of the development. Yes, but it is included in your monthly rent. Find out more. The Estates Managers can provide you with more details, or talk to us on 0800 201 4811. Our apartments are built to comply fully with building regulations which cover sound proofing. All developments released for sale from August 2015 have 999 year leases. We will talk you through all the costs involved in living in a McCarthy Stone apartment before you buy. Heating costs are also often lower due to our modern construction methods and the more manageable size of the new apartment. All developments released for sale from August 2015 have 999 year leases. 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. The majority of properties built and managed by McCarthy Stone increase in value when resold. A number of lenders offer specialist retirement property mortgages. If you disagree with anything in it, you must let us know within 14 days of the start of your tenancy. 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. We aim for them to be as accurate as possible and 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. You can make an amendment, if McCarthy Stone agree, for a £50.00 fee. You have your own fully-fitted kitchen in your apartment and access to local restaurants, cafes, takeaways and delivery services. The four listings that appeared to have been on the market longest all turned out to be McCarthy and Stone. These cookies record your activity on the McCarthy Stone website and our partners may use that information to show you adverts that they think you will be most interested in when you visit other websites. Give us a call on: 0800 201 4811. Click on the different category headings to find out more or to change your settings. Charges differ between one and two bed apartments to reflect the general size difference. 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. You will be asked to run through some quick health questions before your visit and follow our safety procedures including a temperature check. Find: stone properties for rent at the best prices ... Be the first to find out about new listings for flat mccarthy stone. We’ll give you a part exchange offer based on these valuations. We can’t ask you to leave unless you have broken the terms of the agreement. No, under the terms of the Assured Tenancy Agreement sub-letting is not permitted. All guest suites offer: En-suite TV Tea and coffee making facilities Access to the homeowners' lounge and other development facilities. 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. Typically, our developments have shown a slight surplus which is refunded each year to homeowners. Kitchens are fully fitted with white goods which come with a 2-year guarantee. Our customers recognise that they are buying into a lifestyle based around security and companionship, as well as warmth, friendship, ease of maintenance, reduced responsibilities and enhanced wellbeing. When we use the information from these cookies it is grouped together and therefore anonymous. Fine, so long as you don’t build them Benefit from an on-site manager and access to communal areas for socialising. The most recent sale there was for … 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. A small reservation deposit is needed to reserve your new home. Your House Manager or Estates Manager will be able to help you to find a reputable company. Our use of these cookies might also mean that you see McCarthy Stone adverts when you visit Facebook. For a free and confidential review, please visit our Entitlement Advice Service. It is also possible to exchange and complete on the same day if you want to. You aren’t allowed to smoke in a rented apartment. The freehold reversionary interests (ground rents) are sold but only on terms where McCarthy Stone retains a head leasehold interest and remains as immediate landlord with an ongoing responsibility and accountability for management of the developments concerned. This reduces stamp duty to zero on most McCarthy Stone apartments – making it the perfect time to buy. But the on-site restaurant/bistro offers good quality food at a low price on site every day with table service. At some of our most recent developments, the service charge also includes the cost of heating the apartments. Where the underletting is for more than a year, the contingency fee is 1% of the annual rent payable annually on the anniversary of the commencement of the term. Removing ground rents would likely mean we would need to raise our prices to recover this income or introduce additional charges. You should seek advice from your solicitor to confirm how much SDLT you have to pay. If you accept our part exchange offer, we’ll work with your legal representatives to finalise the contracts. 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. No. 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. If you lose or damage the keys to the property, you will be charged reasonable costs to provide replacements. In my mothers area, some are astonishingly cheap - half the price of standard two bedroom flats. 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. That’s why viewings are currently strictly by appointment only and places are limited. My advice to anyone considering a McCarthy and Stone property — whatever you do, don’t. 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. There is no age limit for buying one of our apartments, just to live in them. 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. Ground rent applies in England and Wales, but not Scotland, which operates under a different legal system. Another reader, Sue Anson, tells how her mum bought a one-bed in Studley, Warks, for £144,000 in 2006. Receive the latest property listings by email. 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. We will collect the ground rent and service charges. Meals for special events will be priced by each individual experience and may cost more. Benefit from an on-site restaurant or bistro, a 24-hour Estate Management team and the option of bespoke domestic and personal care packages. Yes. These cookies are necessary for the McCarthy Stone website to function. Our service charges are ‘pass through’ costs which we do not mark up in any way. These cookies also allow us to give you tools like videos and calculators. The information used by McCarthy Stone can give you a more personalised experience on our site. If you do not allow these cookies, you may see more content and adverts that do not match your interests. McCarthy & Stone’s ground rents are fair and stable and set at the outset of the development. Others sell at a premium. Care can be increased or decreased according to homeowners’ changing circumstances. These cookies are necessary for the McCarthy Stone website to function. You can use this 'Manage settings' feature to switch on or off certain types of cookies, although some cookies are necessary for our site to work correctly. A small number of developments may be less if we have not acquired the freehold of the site. Once you’ve reserved your apartment, you - probably - need to sell your current home. If that sounds stressful you might choose to part exchange – which means we’ll buy your property from you. Our ground rents are comparable with those charged by other providers of retirement living accommodation and are competitive within the housebuilding industry. 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. We asked McCarthy & Stone’s chief executive, Clive Fenton, to give us a detailed breakdown of the costs your parents can expect. You are welcome to bring a well-behaved pet to live with you in your apartment. Category: Latest News, McCarthy and Stone, News, William Waldorf Astor Tag: Better Retirement Housing, McCarthy and Stone. Our friendly sales consultants will take you through every step and are always happy to answer any questions. Step 3If you accept our part exchange offer, we’ll work with your legal representatives to finalise the contracts. The money raised from the sale of the freeholds is then reinvested into the business to assist with the funding of future developments. 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. Talk to your sales consultant or call: 0800 201 4811 for advice. Other than the walk-in wardrobe, the apartments are unfurnished ready for your own furniture. Watch this video  to learn more about the protective measures we’re taking and what you can expect from us when you arrive. Your rent includes all of the development’s service charges, ground rents and property maintenance. When business resumed – Ann picked up the reservation and suggested that the property could be marketed with The New Homes Group. Most McCarthy Stone developments offer retirement homes for rent or sale (or a bit of both). They are the costs of running your development. You will receive your reservation deposit back if you don’t move into the property (whether you were planning to buy or rent). They help us see which pages are the most and least popular, and how visitors move around our website. That said, if a homeowner develops dementia, there’s a lot we can do to support them. The sessions start from as little as 15 minutes per day and can be increased and decreased as required. Buying an apartment before it’s finished may sound daunting, but we’ll give you plenty of information, including floor plans, to help you visualise what it will be like in your new home. Flats & Houses For Sale by McCarthy & Stone Resales, Bournemouth - Find properties with Rightmove - the UK's largest selection of properties. Or talk to us on 0800 201 4811. Anyone completing on a home that will be their main residence before 31 March has the potential to save thousands of pounds. We have developed a simple chart to help customers make a direct comparison for use during the sales process and a full breakdown of the service charge budget is available from our sales consultants and managers at all new developments. However, we’re committed to dealing with individual residents’ needs and concerns on a one-to-one basis and residents’ associations do not replace the personal touch. During the COVID 19 crisis we’ve reduced our brochure mailings to once a week on a Tuesday to ease the strain on our printers and distributors. All care and support services can be provided by our on-site care staff. Benefits include:It’s an affordable approach to owning a stunning new retirement home. But if a homeowner or their family is experiencing difficulties in paying, we are here to help and will do our best to support them. due to a running tap etc). Your search: For rent house mccarthy stone retirement. What further costs and fees are involved You can purchase further 10% increments, based on valuation at that point. YLMS provide flexible personal care and support packages, individually tailored to suit our homeowners’ needs. Retirement Property For Rent Touchstone is working closely with McCarthy & Stone, the UK’s leading retirement housebuilder. If you are still unhappy you can use our formal complaints procedure. Yes. No. *Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018. Find out more about functional cookies here. With no need to purchase outright, you could be settled into your new home with the minimum of fuss. Find out more about strictly necessary cookies here. All rental payments are due on the 1st of each month and must be paid by direct debit. Of the other flats going cheap in Folkestone, many are in Pleydell Court – another McCarthy & Stone development. We offer three unique age-exclusive options: You can compare our age exclusive options here. If you disagree with anything in it, you must let us know within 14 days of the start of your tenancy. Find more information here, speak to a member of our team on 0345 556 4104 or email [email protected]. We believe the charge provides good value for money. It is up to you whether you feel the benefits of part exchange outweigh that possibility. Homeowners can work with the chef to select the menu for their guests. If your apartment has underfloor heating, carpets must be replaced with carpet which meets regulations. It will also cover accidental damage to the fixtures and fittings. It’s when the solicitors representing both you and McCarthy Stone swap signed contracts. A friend or family member can stay with you in your apartment for a maximum of six months. This goes into the sinking fund (the contingency fund) for each development, which covers maintenance of that scheme. The terms Retirement Living and sheltered housing are used interchangeably for the same development type. These cookies also allow us to give you tools like videos and calculators. This would severely impact affordability for our customers. Our partners may also use information recorded by these cookies to see how well their adverts are performing. All being well, you’ll sign up to an assured, affordable and flexible rental agreement and you can look forward to life in your new home. We believe it is the best way to protect homeowners from unexpected costs like a major refurbishment or structural repairs. If you lose or damage the keys to the property, you will be charged reasonable costs to provide replacements. In many cases, service charges are lower than like-for-like costs in a purchaser’s previous property, so homeowners rarely have difficulties with ongoing costs. Conditions apply and the sales team can explain these in detail to you. Tellingly I then ranked properties by "most" recent. We use small files called cookies to personalise your experience of our website, improve its performance and show you more relevant content. Flats & Houses For Sale by McCarthy & Stone Resales, Bournemouth - Find properties with Rightmove - the UK's largest selection of properties. It is your responsibility to tell suppliers that you have moved in and to set up payment. McCarthy and Stone sales team urged part-exchange as ‘god-send’ Mrs Grimsdale discovered that she would be £65,000 better off selling her own house and buying a McCarthy and Stone flat for cash – the discount for a cash purchase being much better than the … meets the age criteria and is capable of leading an independent life) and provide information about the development, the service charge and insurance. McCarthy Stone properties are designed for active independent living. This depends on how the flood occurred and who is responsible. We have 111 properties for sale listed as: mccarthy stone retirement east sussex, from £75,000. We do however charge a 1% sinking/contingency fee which is paid on resale. No, but our apartments are designed to be wheelchair friendly and corner baskets / carousels etc, may be provided in some developments. We will contact you to arrange a convenient time. Any questions? One hour’s domestic assistance is included in the weekly service charge in the majority of Retirement Living PLUS developments. Retirement Living PLUS developmentsIn addition to the above, the service charge also includes: Additional personal care packages are totally flexible and can be adapted to suit our customers’ needs. We use small files called cookies to personalise your experience of our website, improve its performance and show you more relevant content. The fee is 3% above the Bank of England’s annual percentage rate and it is charged for each day the rent is late. 1 bed. 70% is the standard option – there are options to increase this over time, known as staircasing. When you visit a website, it may store or collect information on your browser, usually using small files called cookies, that allow us to recognise and remember you. Renting a retirement home is an easy, flexible and quick way to enjoy life in a McCarthy & Stone community. Examples of this include setting your privacy preferences or filling in forms. Find flats to rent in Stone, Staffordshire with the UK's leading online Property market resource. 2 bedroom apartment for sale in Lauder Court by McCarthy and Stone, Staneacre Park, Hamilton. If we do not hear from you, we will assume that you agree that it is accurate. In most of our developments water and sewage is included in the rent. Yes, if you own the apartment then smoking is allowed within your apartment, but not within communal areas. Ground rents. Residents can also use the meetings to air their views. This can be used for cleaning, running errands, changing bedding and so on. Talk to us on 0800 201 4811. It is up to you whether you feel the benefits of part exchange outweigh that possibility. Receive offers. As a result, our customers live independently and have healthier, happier and, hopefully, longer lives. Find out more about functional cookies here. Please contact our Property Transfer team on 01202 508299 for more details. These fees are paid into the development’s sinking/contingency fund and are for everyone’s benefit. Find out more about marketing cookies here. The council tax band varies per development. It will also cover accidental damage to the fixtures and fittings. For joint occupancy usually one of the occupants has to be over 70 and the other over 65. We use this information to make our website more relevant to your interests. Receive the latest property listings by email. Yes. McCarthy & Stone’s ground rents are fair and stable and set at the outset of the … Yes. If we do not hear from you, we will assume that you agree that it is accurate. Ground rents are an essential part of development viability as they help pay for the initial construction of the shared areas. For homeowners with greater personal care needs, additional care and support is available to purchase from our in-house staff teams — you only pay for the care that you need. However, if the landlord of the building is held to be responsible for the flood then generally damage will be covered by the buildings insurance or the landlord’s public liability insurance policy. Additional charges but not Scotland, which covers maintenance of that Scheme from little... Into financial difficulties, we ’ ll make sure you know the exact amount you need to provide replacements if! You move in Manager provide a flexible care and are clearly highlighted to all.! Will assume that you ’ re not sure if renting a retirement PLUS... Personalised experience on our site / carousels etc, may be provided some! As standard exception of the lease for House McCarthy Stone is part of development viability as they us! A higher price on the level of service, number of lenders offer specialist property... 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