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. Meals for special events will be priced by each individual experience and may cost more. Once contracts have been exchanged a completion date will be confirmed by your solicitor and/or one of our Sales Consultants. You benefit from an on-site manager and access to communal areas for socialising. 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. All rental payments are due on the 1st of each month and must be paid by direct debit. Flats & Houses For Sale by McCarthy & Stone Resales, Bournemouth - Find properties with Rightmove - the UK's largest selection of properties. Could renting a retirement property be right for you? Charging ground rents in retirement developments enables average selling prices to be kept affordable for customers. 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. Find out more. No. 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. 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. A small reservation deposit is needed to reserve your new home. This depends on how the flood occurred and who is responsible. This can be used for cleaning, running errands, changing bedding and so on. Our service charges are ‘pass through’ costs which we do not mark up in any way. You can rent the apartment provided your tenant(s) meet the criteria for occupiers set out in the lease. We’ll even contribute £1,000 towards your solicitor’s fees*. We’ll then carry out standard identity and affordability checks and prepare the property for you to move into on an agreed date. One hour of domestic assistance per week is included in the service charge. Bear in mind you may get a higher price on the open market. Ground rent applies in England and Wales, but not Scotland, which operates under a different legal system. There is also a small administration fee collected by MSMS / YLMS to cover their costs to check that the incoming occupier meets the terms of the deed of conditions (i.e. We offer a function room at some developments. We charge a fee for the cost of chasing rental payments that are more than 14 days overdue. When it comes to finding your ideal new apartment, you should also consider which of our development types best fits your needs. Find the best offers for your search houses to rent flat mccarthy stone. 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. 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. with McCarthy & Stone Rental options are now available at selected McCarthy & Stone developments under an Assured Tenancy Agreement. We have 111 properties for sale listed as: mccarthy stone retirement east sussex, from £75,000. Yes. YourLife Management Services (YLMS) is our care and management company, created in 2010. The rent is set at the point of purchase. Special dietary requirements can be catered for and friends and family are welcome to join for lunch. It would be possible to base cost on actual square footage, but it would be complicated and lead to confusing minor variations in ground rents between comparable apartments. We believe most of our customers would rather pay a small yearly charge (c.£400-£500) in ground rent, rather than a much larger cash payment up front. For a typical Retirement Living PLUS apartment (based on Chesterton Court in Ilkley), the latest service charge is £138.27 a week for a one-bedroom apartment and £184.31 a week for a two-bedroom apartment. Yes. You can read our briefing note here. In most of our developments water and sewage is included in the rent. Our agreements are assured, affordable and flexible. Plus, your rent includes all of the development's service charges. That said, if a homeowner develops dementia, there’s a lot we can do to support them. 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 benefits of retirement rentals. 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. The retirement community sector uses ground rent income to recover much of the construction costs of the communal areas within our developments. The information used by McCarthy Stone can give you a more personalised experience on our site. Yes. If you haven’t  received a brochure within 10 days of your request then please give us a call on: Three independent local estate agents and a surveyor will value your property. All developments released for sale from August 2015 have 999 year leases. 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. Leases can be extended and you can find out further information from the Leasehold Advisory Service. You will be asked to run through some quick health questions before your visit and follow our safety procedures including a temperature check. Watch this video  to learn more about the protective measures we’re taking and what you can expect from us when you arrive. We have an in-house Resales team to support homeowners and their families when they come to resell their apartment. Most McCarthy Stone developments offer retirement homes for rent or sale (or a bit of both). Category: Latest News, McCarthy and Stone, News, William Waldorf Astor Tag: Better Retirement Housing, McCarthy and Stone. For leases from October 2014, the subletting contingency fee has been reduced to a contingency fee of 1% of the annual rent (or pro-rata for under-letting of less than one year). 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. Our resales team can answer any questions you have. You’ll benefit from an on-site restaurant or bistro, a 24-hour Estate Management team, and the option of bespoke domestic and personal care package. 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. See a variety of apartments to let in Stone, Staffordshire from top letting agents. Ground rent income goes towards the construction costs of the communal areas we provide. We can’t ask you to leave unless you have broken the terms of the agreement. Renting a retirement home is an easy, flexible and quick way to enjoy life in a McCarthy & Stone community. 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. Our onsite guest suites provides you with an alternative option for your guests, but you can invite them to your home if you prefer. There is a maximum five night stay within Retirement Living PLUS developments. But the on-site restaurant/bistro offers good quality food at a low price on site every day with table service. Once you’ve reserved your apartment, you - probably - need to sell your current home. A friend or family member can stay with you in your apartment for a maximum of six months. Yes, you will need to pay a small refundable reservation deposit to reserve the property. The terms Retirement Living and sheltered housing are used interchangeably for the same development type. Yes, provided you obtain the landlord’s permission and use properly qualified and insured contractors. If you lose or damage the keys to the property, you will be charged reasonable costs to provide replacements. 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. They can lead to a better understanding and faster resolution of matters concerning residents as a whole. Download our Client Money Handling Procedure and Client Protection Money Certificate. 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. In my mothers area, some are astonishingly cheap - half the price of standard two bedroom flats. Talk to your sales consultant or call: 0800 201 4811 for more information. The age restrictions for occupiers are often imposed by council planning departments and are in line with government policy which encourages purpose built accommodation for older people. This can be used by visiting guests and relatives — who can stay overnight in our guest suites. x. Flats & Houses For Sale by McCarthy & Stone Resales, Bournemouth - Find properties with Rightmove - the UK's largest selection of properties. For a free and confidential review, please visit our Entitlement Advice Service. You can make an amendment, if McCarthy Stone agree, for a £50.00 fee. The safety of our visitors, communities and employees is our top priority. The information used by McCarthy & Stone can give you a more personalised experience on our site. This option would give a potential purchaser time to find out if the retirement development way of living is for them. Your sales consultant will take you through everything you need to know before you come. Free specialist removal* Our removals experts are on hand to help with: De-cluttering, organising and packing your belongings Transporting your possessions to your new home Unpacking and heavy lifting. The walls are painted in cream or white as standard however we can also provide interior design options at an additional charge. In December 2017, the Government announced plans for removing ground rents in new-build properties. 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. 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. If we do not hear from you, we will assume that you agree that it is accurate. It will not alter the terms of existing leases or customer rights and will not affect how ground rent is calculated. Most of our developments are more than happy to welcome a well behaved pet to live with you in your new home. Click on the different category headings to find out more or to change your settings. 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. We offer all of our customers support to understand what government benefits are available, so they don’t miss out on money they are entitled to. We’ll even contribute £1,000 towards your solicitor’s fees*. 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. You can also store Class 3 (maximum speed 8 mph) scooters in the storeroom, which often contains a charging facility. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week. No, under the terms of the Assured Tenancy Agreement sub-letting is not permitted. If you do not allow these cookies, you may see more content and adverts that do not match your interests. The completion date is the day the property legally becomes yours. We are delighted to be able to offer a range of outstanding unfurnished retirement apartments for rent in various locations across the UK. Our ground rents are comparable with those charged by other providers of retirement living accommodation and are competitive within the housebuilding industry. Yes. It will also cover accidental damage to the fixtures and fittings. The ground rent does not increase after the 125th anniversary even though our new leases are for a term of 999 years. We will contact you to arrange a convenient time. These fees are paid into the development’s sinking/contingency fund and are for everyone’s benefit. 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. In addition, there are shared areas, including a homeowners’ lounge, function room and maintained gardens. No ground rent is payable for these properties. It is also possible to exchange and complete on the same day if you want to. You’ll be asked for proof of income, savings and/or pensions, along with copies of your last three months’ bank statements. Yes. How it worksYou purchase a minimum 50% share in a brand new McCarthy Stone retirement property and pay rent on the part you don’t own. The Estates Managers can provide you with more details, or talk to us on 0800 201 4811. These cookies record your visit to our website, the individual pages you visit, the links you follow and the type of device you use. Find flats to rent in Stone, Staffordshire with the UK's leading online Property market resource. Please contact our Property Transfer team on 01202 508299 for more details. McCarthy Stone properties are designed for active independent living. Residents’ associations are encouraged in our developments. Our bungalow and cottage developments that are for sale are sold on a freehold basis only as they are standalone homes. If you haven’t  received a brochure within 10 days of your request then please give us a call on: 0800 201 4811. The Estates Manager provide a flexible care and support package tailored to your needs. For more information call:  0800 201 4811. Find out more about functional cookies here. Enjoy all the benefits of a McCarthy & Stone retirement community at Kingsman 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). 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. We do however charge a 1% sinking/contingency fee which is paid on resale. For joint occupancy one of the occupants has to be over 60 and the other over 55. 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. There is no age limit for buying one of our apartments, just to live in them. Some of our sites have a laundry facility, although this varies. Talk to your sales consultant or call: 0800 201 4811 for advice. 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. Alternatively, our developments are typically in well-connected central locations, close or in town centres, and of a manageable size, averaging around 40 apartments. These areas total c.30% of our developments (for example, our communal lounges, restaurants, well-being suites, guest suites and staff accommodation) and are essential to the lifestyle that retirement living provides for older people. If that sounds stressful you might choose to part exchange – which means we’ll buy your property from you. Ground rents help to pay for the communal areas to be built. We use this information to make our website more relevant to your interests. Unlike other housebuilders, McCarthy Stone retains this long leasehold interest until after the lease of the apartments on a particular development has expired. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. This applies in some historic McCarthy and Stone leases and is deeply resented: families, often with an ailing relative to maintain, have to pay considerable amounts (£3,000 in one case) to rent the flat out. ... McCarthy & Stone claims a lot of the lease problems are … Care can be increased or decreased according to homeowners’ changing circumstances. Our Sales Consultants ensure that customers have a detailed knowledge of ongoing costs before a sale is completed. 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. 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. Large-Scale out-of-town developments of up to 1 month ‘ s rent free ( t & c ‘ s rent (! See more content and adverts that do not mark up in any way this right the M25 area they! S own bank account your solicitor and/or one of complete transparency around costs their views up... 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