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. The ground rent does not increase after the 125th anniversary even though our new leases are for a term of 999 years. Bear in mind you may get a higher price on the open market. This means we can offer a personal service throughout the whole process. For managed developments released for sale prior to August 2015, leases are typically for 125 years. Yes, the hour support is included in the service charge at a flat rate. If you are still unhappy you can use our formal complaints procedure. x. When we use the information from these cookies it is grouped together and therefore anonymous. It provides you with an affordable way to enjoy the McCarthy & Stone lifestyle without any longer-term commitment. 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. Services include help with going to bed and getting up in the morning, a sitting, night sleeping or waking service, preparing breakfast, getting to and from appointments or regular assistance during a period of convalescence. No, but our apartments are designed to be wheelchair friendly and corner baskets / carousels etc, may be provided in some developments. We would need to raise prices by c.£15-£18,000 per apartment to cover the costs of building the communal areas without ground rents. It is important that the service charge continues to be paid to maintain services across the development and for the security of the other homeowners. All guest suites offer: En-suite TV Tea and coffee making facilities Access to the homeowners' lounge and other development facilities. Each time you staircase you need to plan for additional costs such as valuation fee, legal expenses, SDLT*/LTT** if applicable. They are tightly regulated by national legislation and must relate to the management services provided within the development, not the building costs. All developments released for sale from August 2015 have 999 year leases. You would stop paying rent, but service charges and ground rent continue to be payable to McCarthy Stone. Many homeowners use this time to have their apartment cleaned. Our rates are competitive, and all care and support services are delivered by our staff who are employed on site. Kitchens are fully fitted with white goods which come with a 2-year guarantee. 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. But if you still can’t find the information you are looking for please call us on: 0800 201 4811 or get in touch online. Ground rents are fixed for 15 years. For managed developments released for sale prior to August 2015, leases are typically for 125 years. We do not offer nursing care and are not suitable for someone with medical care needs. *Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018. The completion date is the day when ownership of the property legally transfers from McCarthy Stone to you. There are websites offering advice to homeowners wanting to exercise this right. The walls are painted in cream or white as standard however we can also provide interior design options at an additional charge. The security deposit is equivalent to five weeks rent. Watch this video to learn more about the protective measures we’re taking and what you can expect from us when you arrive. ... McCarthy & Stone claims a lot of the lease problems are … Charges vary slightly between developments and range from £4 - £7 per meal. 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. The use of lightweight motorised scooters (maximum speed 4 mph) is permitted within the development. Some retirement village operators charge customers large exit fees instead of ground rents, sometimes worth up to 30% of the property’s value, meaning customers could end up paying much more overall. Our use of these cookies might also mean that you see McCarthy Stone adverts when you visit Facebook. McCarthy & Stone’s ground rents are fair and stable and set at the outset of the … Again, as these are proposals there will be no immediate change to how we sell our apartments, but this may be introduced in the future. We’ll even contribute £1,000 towards your solicitor’s fees*. 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. We have 111 properties for sale listed as: mccarthy stone retirement east sussex, from £75,000. Find out more about functional cookies here. Once contracts have been exchanged a completion date will be confirmed by your solicitor and/or one of our Sales Consultants. The information used by McCarthy & Stone can give you a more personalised experience on our site. They can lead to a better understanding and faster resolution of matters concerning residents as a whole. There is no obligation for you to accept. The cost is usually £25 per night for the room however this may vary depending on the development. (retirement living), ML3 - Rightmove. Receive offers. Our partners may also use information recorded by these cookies to see how well their adverts are performing. Did you know? You will need to pay SDLT*/LTT** on a private shared ownership property, but you may have less to pay than if you had purchased outright. You are welcome to bring a well-behaved pet to live with you in your apartment. Service charges cover the day-to-day costs of management and maintenance within our developments, such as the heating and cleaning of communal areas, buildings insurance and redecoration. This fee does not go to McCarthy Stone but covers the long-term maintenance of your development. These proposals have not become law and the Government is not proposing to make them retrospective. It is your responsibility to tell suppliers that you have moved in and to set up payment. There is no upper limit. We don’t believe in a ‘one size fits all’ approach. We’ll even contribute £1,000 towards your solicitor’s fees*. See a variety of apartments to let in Stone, Staffordshire from top letting agents. Flats & Houses For Sale by McCarthy & Stone Resales, Bournemouth - Find properties with Rightmove - the UK's largest selection of properties. When it comes to finding your ideal new apartment, you should also consider which of our development types best fits your needs. Welsh properties are licensed with Rent Smart Wales, Client Money Handling Procedure and Client Protection Money Certificate, A flexible alternative to outright purchase, A quick and simple way to move into your new McCarthy Stone retirement home, Guaranteed security with an Assured Tenancy Agreement, A single monthly payment, which includes ground rent, service charges and parking (where applicable). It’s when you agree to buy a property before the development is completed (usually around 6 months before). Offered All care and support services can be provided by our on-site care staff. One hour of domestic assistance per week is included in the service charge. 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. As with all leasehold properties, ground rents are a condition of the lease for our apartments. Read the McCarthy Stone Ground Rent Briefing Note (February 2020). Others sell at a premium. 70% is the standard option – there are options to increase this over time, known as staircasing. 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. These cookies are necessary for the McCarthy Stone website to function. 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. Retirement Living PLUS - Luxurious and low maintenance private apartments in great locations, exclusive to the over 70s. This gives you the benefit of the first choice of properties, and plenty of time to prepare. 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. You can find out much you will pay based on the postcode here: gov.uk/council-tax-bands. If you’d like to sell your McCarthy Stone property call: Assured, affordable and flexible. 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. Or talk to us on 0800 201 4811. due to a running tap etc). We will be point of contact for the day to day management of the apartment and manage the provision of services to the apartment and communal facilities of the development generally. It is replacing the sublet fees, which are a percentage of either the … If your apartment has underfloor heating, carpets must be replaced with carpet which meets regulations. So you only pay for the care you need at the time you need it. 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. We’ll then carry out standard identity and affordability checks and prepare the property for you to move into on an agreed date. 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. 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