McCarthy & Stone said its revenues had risen 4 per cent to £660 million in the year to August. Find out more about strictly necessary cookies here. The family chose McCarthy and Stone Resales to handle the sale of the apartment and they proved very efficient and could handle all the details that were needed to answer buyer questions. On 1st September 2008, McCarthy Stone abolished this fee on all leases in all developments built after that date. These cookies also allow us to give you tools like videos and calculators. Stay fit; Have fun ; Friends and family; Good mood food; Move for free. Great places to live, for the life you want to live. To find out more about McCarthy Stone Resales, call us on, Find your dream home with McCarthy Stone Resales, Our in-house service specialises in selling McCarthy Stone managed retirement properties, Discover our award-winning preowned retirement properties for sale in the UK, We now manage all the developments we build, ensuring the level of service and quality of the development is kept at a high standard, We remain as the Landlord, meaning there are no third parties to deal with, We have moved from selling 125-year leases to 999-year leases, We have set up an in-house Resales Team, who are best placed to promote the benefits of living in a McCarthy Stone property and maintain a database of people interested in buying, We have improved our products by providing more internal space, additional car parking and enhanced kitchens and bathrooms. We provide safety, security, companionship, and, if you feel the need, care and support. The information used by McCarthy Stone can give you a more personalised experience on our site. McCarthy & Stone … Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland. At every stage of the process they have been knowledgeable, courteous and the support they’ve given me has gone well beyond the selling process. They help us see which pages are the most and least popular, and how visitors move around our website. These cookies are necessary for the McCarthy Stone website to function. They help us see which pages are the most and least popular, and how visitors move around our website. From going live to finding a buyer in two days might be a new record! In addition to a service charge, you’ll also need to pay ground rent, you can find out more about this here. When we use the information from these cookies it is grouped together and therefore anonymous. We use this information to make our website more relevant to your interests. The budgeted costs are presented every 12 months. The information used by McCarthy Stone can give you a more personalised experience on our site. The article, headed “Exit Fees – Poor Resale Values: I recently posted similar information regarding a McCarthy & Stone Development built 2005/06. The family chose McCarthy and Stone Resales to handle the sale of the apartment and they proved very efficient and could handle all the details that were needed to answer buyer questions. Recently in early spring 3 One Bed Flats … Find out more about marketing cookies here. Retirement Living coming soon to Hospital Road, Moreton-in-Marsh, Gloucestershire, GL56 0DQ, England. 0800 201 4811 Other numbers. Tenant Fees (Wales) Reservation Deposit - £150.00 This is a Deposit payable to reserve a property. 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. 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. Find out more about strictly necessary cookies here. We are also determined to provide positive resale values. McCarthy & Stone Resales Limited, registered in England and Wales with registered number 10716544. Let our experience enhance your experience of later life. To find out more about our Service Charges call us on, Paying for the House Manager – they ensure the development runs smoothly, All maintenance of the building and grounds, including window cleaning, gardening and upkeep of the building exteriors and communal areas, Monitored fire alarms and door camera entry security systems, Buildings insurance, water and sewerage rates, Paying for the Estates Manager – they ensure the development runs smoothly, Staff on-site 24/7 for your peace of mind, The running costs of the onsite bistro/restaurant (there is an additional subsidised charge for meals/drinks). You are here: Home / News / McCarthy and Stone / The final exit fee – it’s your funeral, from McCarthy and Stone. We provide safety, security, companionship, and, if you feel the need, care and support. McCarthy & Stone Resales are fortunate to have built a renowned reputation and are generally the first point of call for anyone seeking a preowned retirement property in the UK. These costs are then divided among homeowners in line their lease. Not only will you be avoiding a dreaded property chain, but you won’t need to pay estate agent fees. 100 Holdenhurst Road, Bournemouth, BH8 8AQ. Thank you messages; FAQs; Buddy scheme; Content and resources. When we use the information from these cookies it is grouped together and therefore anonymous. Response hours: 9am to 5:30pm Monday to Friday. Call Get in Touch. How much can I borrow? Thank you messages; FAQs; Buddy scheme; Content and resources. 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. those originally sold since 2013) to December 2019 by our in-house Resales team. We use this information to make our website more relevant to your interests. I've just checked the MCccarthy and Stone development closest to Mum. This is at the heart of our service. To this end, we have changed dramatically since 2010 to make a big difference to our products and services. Thank you for the taking the time to share your experience with McCarthy & Stone’s Resales team. 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. Your sales consultant will talk you through the service charges and answer any questions you have. 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. If you’d like to sell your McCarthy Stone property call: McCarthy Stone offers a lot more than an exciting new home. Resales shepherded the sale chain and helped the sale through to completion even though Covid-19 made this a difficult year! This is held in trust for the long-term benefit of that development and its residents. Stamp duty holiday. If you’d like to sell your McCarthy Stone property call: Helping you to understand exactly why we have a service charge, how we calculate it and what it pays for. Check your affordability and learn how much you can borrow, based on your monthly income and outgoings. Find out more about functional cookies here. They are fixed for 15 years. 35K likes. Call Get in Touch. Stamp duty holiday. No estate agents fees to pay; You’ll enjoy our free Smooth Move service, which includes free removals and up to £1,000 towards solicitors fees. Once paid, this will reserve the property for you whilst McCarthy & Stone complete certain checks to ensure that you are able to afford the monthly rent. Resales; Coronavirus advice and info. 03455 564122 Local call rate. McCarthy Stone homeowners/tenants call: 0333 321 6451. McCarthy & Stone Resales Limited, registered in England and Wales with registered number 10716544. Do you know your budget and how much you can borrow? Not only will you be avoiding a dreaded property chain, but you won’t need to pay estate agent fees. One month's rent free. We have therefore built a substantial database of eligible buyers, whom we are able to market our property portfolio. The information is provided and maintained by McCarthy & Stone Resales, Bournemouth. The information is provided and maintained by McCarthy & Stone Resales, Bournemouth. 0800 201 4811 Other numbers. To this end, we have changed dramatically since 2010 to make a big difference to our products and services. FEATURED PROPERTY Property ... Rightmove receives a fixed monthly fee from Nationwide for introductions made via the Rightmove platforms. Welcome to McCarthy & Stone Resales. 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.*. With our extensive experience, your retirement is in safe hands. 4th Floor, 100 Holdenhurst Road, Bournemouth BH8 8AQ Close Filter search results Get in Touch. McCarthy & Stone. By part-exchanging, you can sell your existing property quickly and easily, and you’ll be in your resale McCarthy & Stone apartment before you know it. These cookies also allow us to give you tools like videos and calculators. Resales values of McCarthy Stone homes . Money Mail found a similar trend with McCarthy & Stone developments across the country. 03455 564122 Local call rate. Get in Touch. McCarthy & Stone, the specialist retirement property developer, is currently advertising 239 developments on its website (as of October 2012). A family selling a McCarthy and Stone retirement flat with a rip-off lease condition have been saved £25,000 after the case was taken up by LKP. Email agent . We reproduce it in full below. Email this branch. McCarthy Stone homeowners/tenants call: 0333 321 6451. McCarthy Stone offers a lot more than an exciting new home. Other than the House and Estate Management teams, we do not provide any of the services ourselves but instead get quotes from providers. Find your perfect new home and enjoy a better retirement in our age exclusive community. Note: Lifestyle Living developments are excluded from the additional 1% resale contingency fee as they offer fewer communal spaces and facilities (for example, they don’t have communal lounges. Each and every property is designed with one thing in mind – to make your life easier – and all our resale apartments are built to the highest standards. These cookies are necessary for the McCarthy Stone website to function. 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. This independent research  by the Elderly Accommodation Counsel (EAC) in 2019 also confirmed that new retirement properties typically increase in value. The article, headed “Exit Fees – Poor Resale Values: I recently posted similar information regarding a McCarthy & Stone Development built 2005/06. We are also reviewing our services offering on a regular basis, McCarthy Stone Resales Celebrates 500th Sale and c4 Increase on Resale Values. Rita May Bailey, who is now deceased, bought the one-bedroom flat at Bridewell Court, in Widnes, Cheshire in February 2008, which has a registered price of £167,450. McCarthy & Stone complained yesterday that it had been “caught in the crossfire” of government attempts to crack down on companies cashing in at their tenants’ expense. Our partners may also use information recorded by these cookies to see how well their adverts are performing. 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. You can also find lots of detailed information in our FAQS. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland. One month's rent free. McCarthy & Stone Resales The retirement housebuilder has now launched a national in-house Resales division to support those wishing to buy or sell a McCarthy & Stone pre-owned retirement apartment. For a typical Retirement Living apartment (based on Atwood House in Sanderstead), the service charge is £48.93 a week for a one-bedroom apartment and £73.36 a week for a two-bedroom apartment*. Mrs Bailey, … That’s why we charge a small contingency fee, included in the service charge, to cover planned maintenance and renewals in the future - e.g. If you decide to rent out your home, the subletting contingency fee is 1% of the yearly rent you charge. I read on here somehwere about being careful when considering retirement flats, but I can't find it again. McCarthy & Stone’s ground rents are fair and stable and set at the outset of the development. Our use of these cookies might also mean that you see McCarthy Stone adverts when you visit Facebook. McCarthy & Stone was rocked by the Covid-19 outbreak suffering a £91m pre-tax loss in the first half of the year with revenue plunging to just £101m. McCarthy & Stone shareholders say yes to £647m takeover bid for the retirement home builder from private equity firm Lone Star. We keep this cost to a minimum by adding to the fund with a one-off charge of 1% of the resale price when an apartment is sold. 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. Everyone living in a development is invited to an annual budget meeting to discuss the proposals. Examples of this include setting your privacy preferences or filling in forms. 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. For 40 years we’ve been building top-quality apartments in desirable locations tailored to all lifestyles needs. Selling a McCarthy Stone property. Award-winning retirement communities. 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. McCarthy & Stone is the biggest builder of retirement flats in Britain, with 1,200 developments across the country, and sales of about £700m … Find out more about marketing cookies here. Rita May Bailey, who is now deceased, bought the one-bedroom flat at Bridewell Court, in Widnes, Cheshire in February 2008, which has a registered price of £167,450. 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. The final exit fee – it’s your funeral, from McCarthy and Stone. 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. All our homeowners pay an annual service charge. 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. This is at the heart of our service. Greater flexibility, making your move that bit easier We’ve been building outstanding apartments in prime locations for 40 years to suit all lifestyles and stages of retirement. McCarthy & Stone homeowners/tenants call: 0333 321 6451. The Resales team specialise solely in McCarthy & Stone managed retirement apartments and being an in-house service, has a unique understanding of retirement living and the services on offer. These cookies record your visit to our website, the individual pages you visit, the links you follow and the type of device you use. One month's rent free. We use small files called cookies to personalise your experience of our website, improve its performance and show you more relevant content. My parents are buying a retirement flat from the specialist developer McCarthy & 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. Stay fit; Have fun; Friends and family; Good mood food; Move for free . For example, a two-bedroom flat in Oakfield development in Sale, Manchester, sold for £259,950 in 2011. One hour of domestic assistance per week. alicetrefusis Wed 30-Oct-13 11:16:52. Resales; Coronavirus advice and info. Email this branch. By part-exchanging, you can sell your existing property quickly and easily, and you’ll be in your resale McCarthy & Stone apartment before you know it. This charge allows us to take care of the day-to-day running of the retirement development, like maintaining the communal areas and gardens on your behalf - so you can focus on enjoying active retirement living. In particular: As part of this long-term focus, our expert Resales teams are able to communicate all the benefits retirement living brings to prospective purchasers. Click to read. The service charges and ground rent come to £258 a month! Try Nationwide’s affordability calculator › Advertisement. McCarthy & Stone Resales, Properties for sale View all properties for sale from McCarthy & Stone Resales, Contact McCarthy & Stone Resales, for more information. 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. A family selling a McCarthy and Stone retirement flat with a rip-off lease condition have been saved £25,000 after the case was taken up by Better Retirement Housing. The Times September 10 2016) reported, research by the Campaign against Retirement Leasehold Exploitation into re-sale values. Stay fit; Have fun ; Friends and family; Good mood food; Move for free. Get in Touch. Call Get in Touch. We were delighted to have been able to support you during this time - helping you to agree a successful sale on your property so swiftly. 03455 564122 Local call rate. No one wants to make an investment which is bound to lose. 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. McCarthy and Stone provided a statement to Better Retirement Housing and Leasehold Knowledge Partnership. 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. The amount is equivalent to one weeks rent. Thank you messages; FAQs; Buddy scheme; Content and resources. It’s paid by direct debit every month and reviewed each year. Contact us today on 0800 201 4811. McCarthy & Stone Resales, Bournemouth. The following data looks at initial resales of properties that had benefited from more of our changes (i.e. ... up to 30 per cent of the resale price on exit, which goes to the developer. The article, headed “Exit Fees – Poor Resale Values: I recently posted similar information regarding a McCarthy & Stone Development built 2005/06. The builder has completed 2,302 homes, up from 2,296, at an average selling price of £273,000, The Times said. Our partners may also use information recorded by these cookies to see how well their adverts are performing. It only takes a couple of minutes to check. Examples of this include setting your privacy preferences or filling in forms. Stamp duty holiday. This is in the North as well! Having recently celebrated its 500th sale, the Resales team has built a successful track record since its launch at the end of 2017. Added on 06/12/2019. We use small files called cookies to personalise your experience of our website, improve its performance and show you more relevant content. A concierge service (select developments only). Added on 06/12/2019 by McCarthy & Stone Resales, Bournemouth. The Times September 10 2016) reported, research by the Campaign against Retirement Leasehold Exploitation into re-sale values. McCarthy & Stone Resales is having a positive impact when it comes to supporting those who wish to resell their retirement properties, as well as helping new customers experience what a retirement living lifestyle is all about. McCarthy and Stone (5 Posts) Add message | Report. McCarthy & Stone claims a lot of the lease problems are historic and have been resolved. A One Bed Flat was selling circa £135k in 2006, Two Bed Flats for £180K. 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. Our use of these cookies might also mean that you see McCarthy Stone adverts when you visit Facebook. 100 Holdenhurst Road, Bournemouth, BH8 8AQ. the refurbishment of interior decor, replacement of windows and maintenance of the roof over the next 25 years. The following data looks at initial resales to December 2019 by our in-house Resales team. Our Resales service has seen a c.3.2% net price increase per sale on an average since its launch in 2017, including anything we paid for on behalf of our customers. Resales shepherded the sale chain and helped the sale through to completion even … We believe the charge provides good value for money and always aim to be transparent and competitive. How much can I borrow? If you do not allow these cookies, you may see more content and adverts that do not match your interests. 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. 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 supposed discount for a part-exchange. I know that very recently McCarthy & Stone has begun their own Resales agency and are offering more support in this area which I see as a critical part of their marketing message. Resales; Coronavirus advice and info. * To speak to your sales consultant about part exchange call: 0800 201 4811 . 0800 201 4811 Other numbers. In December, the g . Or give us a call: 0800 201 4811. Find out more about functional cookies here. These cookies record your visit to our website, the individual pages you visit, the links you follow and the type of device you use. Try Nationwide’s quick quote calculator › Advertisement. By choosing McCarthy & Stone Resales sellers will benefit from a variety of sales and marketing activities carried out by our specialist team, including: ... We charge a 1% sinking fund contribution (known as the contingency fee), which is paid on resale. Greater flexibility, making your move that bit easier. McCarthy & Stone Resales, Bournemouth. At some of our most recent developments, the service charge also includes the cost of heating the apartments. ), *These figures are correct up to 30 June 2021. November 7, 2013 By Admin. All developments since 2010 are managed by a division of McCarthy that it … “The fees were very fair and McCarthy & Stone doesn’t charge any exit fees like some other retirement providers, so this was also a relief to us.” Commenting on Sue’s experience at Bilberry Place, Resales Director, David Gabriel said: “We were really pleased to … Our retirement apartments enjoy shared spaces like lounges, hallways and gardens which we need to keep in tip top condition for everyone to enjoy. We are also determined to provide positive resale values. If you do not allow these cookies, you may see more content and adverts that do not match your interests. A mischievous 80-year-old Campaign against retirement leasehold exploitation reader sends in this latest flier that has popped into his letter box: the McCarthy and Stone funeral plan. Sales consultant about part exchange call: 0333 321 6451 buying a retirement flat the! 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