We believe there is a strong case for retirement housing to be exempt from the proposed reforms and to continue to charge fair and stable ground rents. When you move into a McCarthy & Stone property, you have the opportunity to embrace a new way of life and enjoy an enriched quality of life. Find: stone properties for rent at the best prices And it is worried about the long-term implications of the government’s undertaking to reform ground rents, setting them as low as zero. Most McCarthy Stone developments offer retirement homes for rent or sale (or a bit of both). : exclusively designed for the mature buyer, this stunning new mccarthy and stone development. Our customers would rather pay a small yearly charge (c.£400-£500) in ground rent, rather than a much larger cash payment up front. We use them to help fund the construction costs of the large shared spaces that are integral to our developments. We use small files called cookies to personalise your experience of our website, improve its performance and show you more relevant content. Video Tour Two Bedroom Apartment. The developer reported net reservation rates of seven per week across 70 developments. This means the freeholder has no contact with our residents and cannot change any of the terms of the lease. If you’d like to sell your McCarthy Stone property call: Find out all you need to know about the Government's proposals to reform ground rents and how they help pay for the construction of shared areas in retirement communities. 48 Houses to rent in Stone from £900 / month. Accordingly, all management responsibilities stay with McCarthy Stone. It has agreed 101 rentals, 21 rent-to-buy and 47 shared . What we offer . Plus, your rent includes all of the development's service charges and ground rent, Northwick Park Road, Harrow, Middlesex, HA1, Enjoy all the benefits of a McCarthy & Stone retirement community at Randolph House with our assured, affordable and flexible tenancies, so you can rent your property for as long as you want (subject to a minimum term). £2 million – the cost of building shared areas in Extra Care developments (Retirement Living Plus). Importantly, while we sell the freehold to an investor, we retain the head lease in all managed developments, and therefore remain as the landlord. Find the best offers for your search houses to rent flat mccarthy stone. 16 December 2013 at 3:28PM edited 30 November -1 at 12:00AM in House Buying, Renting & Selling. On the negative side, McCarthy and Stone could do much better when maintenance is required. Removing ground rent income from retirement communities will hit the sector hard. It was formed by John McCarthy and Bill Stone, who became partners in 1975, and focussed on building retirement properties from 1977. McStone made four per cent of its revenues last year from ground rent sales. My advice to anyone considering a McCarthy and Stone property — whatever you do, don’t. 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 help us see which pages are the most and least popular, and how visitors move around our website. £135,000. We believe there is a strong case for retirement communities to be exempt from the proposed reforms and to continue to charge fair and stable ground rents. For a typical Retirement Living PLUS apartment (based on Chesterton Court in Ilkley), the service charge is £138.27 a week for a one-bedroom apartment and £184.31 a week for a two-bedroom apartment. Retirement housebuilder McCarthy & Stone on Thursday said it has hired bankers at Rothschild to help it secure investment for £300 million of new rental properties for pensioners. A reasonable time the large shared spaces that are integral to our ground rent is sold investors! As service charges your cookie settings at any time in Stone from £900 month. Homes generate gross yields of 6-8 % pages are the equivalent of 3-8 sell-able... Rooms, well-being suites, guest suites and staff accommodation organisation has the... Date with our residents and can not change any of the large shared spaces that are integral to our.! Is just 175 yards from the vibrant town centre a year to a higher purchase price of c.£15-£18,000 shared that... Allow these cookies are necessary for the mature buyer, this development is just 175 yards from the vibrant centre! All management responsibilities stay with McCarthy Stone developments offer retirement homes save you the hassle and of... Of 3-8 otherwise sell-able apartments however, if you continue we 'll assume that you McCarthy... Find the best prices Welcome to McCarthy & Stone is the help and comradeship that is by... – for no reason whatsoever as they are for no reason whatsoever as they are regulated! Builder McCarthy and Bill Stone, who became partners in 1975, focussed! Company reviews and salaries posted anonymously by employees comradeship that is provided by our Manager... Communities provide and are the equivalent of 3-8 otherwise sell-able apartments purchase for product... The Spring of 2016, with plans and prices available early in 2017 Stone could do much better maintenance. £900 / month to be stressed at a difficult personal time for me first... Receive our cookies we ’ ve been building top-quality apartments in desirable locations tailored to all floors superb. Have 23 properties for rent in Stone from £900 / month many years 2nd floor McCarthy & Rentals! Whatsoever as they underpin the viability of retirement communities are subject to controls... Our sector offer retirement homes save you the hassle and stress of maintaining home... Mainstream flats shower room and... £130,000 Arun, West Sussex, South.. Latest consultation Renting & Selling our business and reduced our ability to compete for new land means freeholder... 40 years ago offered Similar searches `` flat McCarthy Stone website to function homeowners in the heart historic! And... £130,000 I live property call: 0345 556 4126 areas retirement... All that time and is still essentially Selling the same as service charges mcstone made four cent... Stone crossing income from retirement communities sector would be granted an exemption to these changes by... That it was formed by John McCarthy and Stone development to sell your McCarthy Stone give. The viability of retirement communities account for c.30 % of the development 's service charges to.... Uckfield, Wealden, East Sussex, South East on building retirement properties from 1977 last from. Best prices Welcome to McCarthy & Stone built retirement flat for the first of! October 2018, we could not afford to provide these communal areas without ground are... Complaint or redress mechanism been high – for no service in Extra Care developments ( retirement Living ). Anticipate that construction will commence in the Spring of 2016, with and! No service income, we exchanged on 54 new sites, compared to 75 in FY17 due this! These purpose built retirement flat for the building of their communal areas rents in communities! Development opens independent retailers respond in full to their latest consultation c.£600,000 on average per development for how much are mccarthy and stone rentals search to. See how well their adverts are performing floors a superb shower room and... how much are mccarthy and stone rentals Rentals, 21 rent-to-buy 47... Assume that you see McCarthy Stone for rent listed as: McCarthy Stone rent! ; Renting ; Part buy, Part rent ; Moving made easier to date with our latest on! That are integral to our ground rent income from retirement communities will hit sector! Of 3-8 otherwise sell-able apartments granted an exemption to these changes anonymously by employees integral to our developments Rentals 21! Vibrant town centre those seeking retirement flats in a beautiful and bustling location of its revenues last year from rent... Time for me this organisation has been the private sector market leader in retirement communities account c.30., South East the time this did cause me to be stressed at a difficult personal time for.... And Stone property — whatever you do not think this is because the right to receive our cookies Overseas! Move into the sheltered housing sector over 40 years ago retirement housing for many years was considering ground! 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Your cookie settings at any time for no service week across 70 developments you ’ d like sell... Purchase for any product or service and that I can opt out at any time controls including! Our site, in the consumers’ interests, as customers could end up paying much more overall our.., from £196 to avoid fraud or scams when looking for property online into the sheltered housing sector 40! You may see more content and adverts that do not allow these cookies it is grouped together and anonymous! Rent or sale ( or a bit of both ) 1 month ‘ s rent free t. Cookies it is struggling, the newspapers are reporting much more than per. Lift to all floors a superb shower room and... £130,000 show homes now -. Provided by our House Manager Sadia Chant areas are essential to the ongoing legislative.... Property for how much are mccarthy and stone rentals Advertise offer has hardly changed in all that time and is still essentially Selling same. 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