With an in-house team handling the sale, we take the stress out of the buying and selling process. McCarthy & Stone. This retirement property for over 60’s offers all the benefits of retirement living with NO service charges to pay. McCarthy & Stone. Find out more about strictly necessary cookies here. Find: stone properties for rent at the best prices Campaign against retirement leasehold exploitation examines official re-sale prices for McCarthy and Stone, Churchill Retirement Living, Audley Retirement, Retirement Villages, Retirement Security, Anchor and Pegasus A dismal picture of retirement housing values on re-sales is revealed by Campaign against retirement leasehold exploitation from figures in the Land Registry. Five years later it joined the Unlisted Securities Market and two years after that obtained a full listing on the LSE. a two bedroom ground floor apartment with a patio overlooking the garden within a popular mccarthy and stone retirement living development Sold STC Commercial New Home Development Microsite Reduced on 28/05/2019 by McCarthy & Stone Resales, Bournemouth Unfortunatly Covid 19 raised its’ head. Hello, I have been trying to sell my deceased aunties 1 bedroom McCarthy and Stone retirement apartment for nearly a year now, I've had 1 viewing and 0 offers, the price has been dropped by £15,000 over the time its been on the market and i'm having to pay the service charge, council tax and ground rent for the property. McCarthy & Stone has recently reviewed the requirement to pay the 1% fee upon the rental of a property as well as our policy of waiving the 1% fee and replacing it with a month’s rent. She decided to downsize into a one bedroomed apartment, a much smaller environment but soon adapted into the smaller living space. Others sell at a premium. McCarthy & Stone has recently reviewed the requirement to pay the 1% fee upon the rental of a property as well as our policy of waiving the 1% fee and replacing it with a month’s rent. When we use the information from these cookies it is grouped together and therefore anonymous. By Joanna Bourke. Find out more about functional cookies here. By Joanna Bourke. Find out more about marketing cookies here. Enjoy all the benefits of a McCarthy & Stone retirement community at Louis Arthur Court with our assured, affordable and flexible tenancies, so you can rent your property for as long as you want (subject to a minimum term) Plus, your rent includes all of the development's service charges. ... the value of her current property. The benefits of retirement rentals. Our use of these cookies might also mean that you see McCarthy Stone adverts when you visit Facebook. All 3 of them came back with the same figure - £290000, a ridiculously low price. With over 51,000 apartments built nationwide, it provides an impressive 70% of the UK’s total number of owner-occupied retirement and assisted living properties. The four listings that appeared to have been on the market longest all turned out to be McCarthy and Stone. About McCarthy & Stone Established in 1977, McCarthy and Stone is one of the leading providers of retirement accommodation in the UK, with numerous awards to their name. As specialists solely in McCarthy & Stone managed retirement apartments, you can be confident that everything you need is taken care of. When McCarthy discovered he could sell ground rent income to investors at over 12 times the annual value he proceeded to set higher than normal ground rents and also added an unreasonable transfer fee, bringing in another 1% of the sales price every time a property changed hands. McCarthy & Stone has achieved a variety of awards and recognition: Right in the heart of the city, the McCarthy & Stone Hertford... Retirement property. When you buy a resale apartment, you can start your retirement lifestyle in one of our pre-owned homes early. For many people, renting provides a quick, easy and flexible way to enjoy all the advantages of life in a beautiful McCarthy Stone apartment. Contact McCarthy & Stone I would be interested in talking to your trusted partner Move With Us about obtaining a ‘cash offer’ via Home Exchange for my property for a quick sale* and/or the options available to help sell my home. The company buys and develops land to manage and sell their developments. Just 3 miles east of Edinburgh's city centre, Portobello is a historical seaside town with a large sandy beach and a busy, lively promenade filled with shops and restaurants. (Alliance News) - Retirement homes developer McCarthy & Stone PLC on Friday said it has agreed to a GBP630 million takeover from Mastiff Bidco, a subsidiary of Lone Star Real Estate Fund VI. These cookies are necessary for the McCarthy Stone website to function. 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 … Rent. If you keep browsing or accept this notice you will enjoy an improved experience. McCarthy & Stone, (the 'Group') the UK's leading developer and manager of retirement communities, is today issuing a trading update for the financial year ended 31 October 2020 ('2020'). McCarthy & Stone’s ground rents are fair and stable and set at the outset of the development. 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. Retirement Homes 1, 2 and 3 bedroom homes available to Buy Outright, Part Buy Part Rent or Rent 1, 2 and 3 bedroom homes available to Buy Outright, Part Buy Part Rent or Rent Over 60s only. In the first half of its financial year ending 30 June it suffered a £91.3m pre … We use this information to make our website more relevant to your interests. McCarthy & Stone, led by John Tonkiss, has suffered in 2020, with the government urging people to avoid moving at the start of the pandemic, and the company pausing construction temporarily. Awards. In 2006 McCarthy & Stone was sold for £1.1 billion. The information used by McCarthy Stone can give you a more personalised experience on our site. Enjoy all the benefits of a McCarthy & Stone retirement community with an assured, affordable and flexible tenancy. McCarthy & Stone chairman Paul Lester said: "The all-cash offer represents a compelling and attractive opportunity for shareholders to realise and crystallise their investment in McCarthy & Stone in the near term and also provides a meaningful premium to the prevailing share price notwithstanding the backdrop of the wider risks posed by the political and macro-economic environment. 6%. Contact PEARSONS for more information and to arrange a viewing appointment! Featuring a... A one bedroom apartment located on the second floor of this retirement development. McCarthy & Stone has been badly affected by the coronavirus pandemic. The information might be about your online behaviour or preferences, the type of device you are using, or may be used to ensure the website works properly.