McCarthy & Stone Resales Limited, registered in England and Wales with registered number 10716544. Welcome to McCarthy & Stone Resales. How much can I borrow? It reported a fall in value of £164,188 of a McCarthy and Stone flat at Risingholme Court, in Heathfield, East Sussex, from its original purchase price of £225,688 in April 2008. 1. 30 McCarthy & Stone reviews. @Floradora9 - McCarthy & Stone have asked us to pass on the following: “While the value of retirement housing is more than simply financial, the majority of our properties sell for more than they were bought for. As buyers of retirement properties are getting older this is going to be important and can affect resale prices.”. Find out more about marketing cookies here. Lyricist Don Black: ‘I have always believed in spoiling my children’, A Sipp could cost you £30,000 - here's how to choose your provider wisely, Cash makes a comeback as shops reopen for Christmas, Questor: this digital disrupter is turning America’s second-hand car market on its head, The five stocks expected to make the biggest returns in 2021, Woodford’s waterproofing tech unit sold for only £30m, Charity donations in wills drops £300m and leaves third sector on the brink, Waiting a month to buy a car on finance could save you £1,100, The price to live on Britain’s most expensive street? Crosby has long been one of the most desirable corners of the Merseyside metropolis. But he acknowledges that providers need to stay involved with their developments to ensure the best resale prices can be achieved for owners: “We have our own management company dedicated to ensuring all our developments are maintained to the highest possible standard. Our partners may also use information recorded by these cookies to see how well their adverts are performing. A free inside look at company reviews and salaries posted anonymously by employees. A two-bedroom property built in 2006 at Anchor’s Denham Garden Village in Buckinghamshire was resold last year for £520,000, up 76 per cent on its original selling piece of £295,000. Our use of these cookies might also mean that you see McCarthy Stone adverts when you visit Facebook. Anchor, a not-for-profit provider of retirement housing and care (and member of ARCO), reports that resales of its village properties are “faring well in the local market”. Currently on the resale market is a two-bedroom McCarthy and Stone apartment in Burlington Court in Bridlington on the Yorkshire coast for £59,950. Financial statements and reports for McCarthy & Stone plc (MCS) Ordinary 8p including annual reports and financial results for the last 5 years. Nearly two thirds of resales between 2015 and 2017 made a loss. Within 26 days from instructing McCarthy Stone Resales we had agreed a fair sale price on the property, 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. Sitting close to the heart of Portobello, the new McCarthy & Stone Retirement Living development is a waterside haven in Edinburgh. Spencer McCarthy, chief executive of Churchill Retirement, the second biggest provider of traditional retirement homes, points out that owners’ next of kin can often be in a hurry to achieve a sale and will go with the quickest option rather than hold out for the best price – which weighs on resale prices overall. If there is little in the way of support and care services, you may not be able to continue to live in your new home if your needs change. Resales shepherded the sale chain and helped the sale through to completion even though Covid-19 made this a difficult year! 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. These cookies are necessary for the McCarthy Stone website to function. The company posted revenues of £101.1m, down by almost two-thirds from the same time a year ago. McCarthy & Stone’s ground rents are fair and stable and set at the outset of the development. McCarthy and Stone reports that 66 per cent of its new managed apartments increase in value on resale. Kelly Stillman | Bournemouth, United Kingdom | Heading up our National Part Exchange service at McCarthy & Stone. There are fewer mainstream estate agents who understand the market and re-sellers are competing with developers marketing shiny new builds. A free inside look at company reviews and salaries posted anonymously by employees. Its analysis of thousands of Land Registry records found that 51 per cent of retirement homes built and sold between 2000 and 2010, and resold between 2006 and 2016, dropped in value. The whole process with McCarthy Stone Resales was extremely efficient and we had viewings lined up more or less straightaway. Retirement home developer McCarthy & Stone fell to a loss over the six months to the end of April, and said the financial impact of the Covid-19 crisis is likely to be felt even more acutely during the second half of the year. Giffnock is a well established and attractive area nestled just south of Glasgow’s city centre. It ­argues that the value of living in retirement housing is more than simply financial and says that the EAC data does not consider the incentives it provides buyers, which can total 10 to 20 per cent of the Land Registry price. ... | November 29, 2020 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 & Stone 26 views. However, as with any property the value is affected by the local market which will go up and down. 100 Holdenhurst Road, Bournemouth, BH8 8AQ. Lancaster Court, Cockermouth - McCarthy & Stone - Duration: 4:55. All developments since 2010 are managed by a division of McCarthy that it … “Buyers need to look at how developments are operated,” says Voges. Find out more, The Telegraph values your comments but kindly requests all posts are on topic, constructive and respectful. Resale figures from the housing-with-care sector, which includes ­retirement villages, have been much healthier. Do Mc&S keep to their obligations? If you’d like to sell your McCarthy Stone property call: When you buy one of our previously owned retirement apartments, not only will you get a home designed and built by a 5-star housebuilder, but you’ll also get a dedicated team of property consultants to assist you every step of the way. One flat purchased new in 2006 for £166,000 was resold for just £70,000 in 2014; another bought for £124,950 in 2009 was resold for just £36,000 in 2016. If you do not allow these cookies, you may see more content and adverts that do not match your interests. McCarthy & Stone is the biggest builder of retirement flats in Britain, with 1,200 developments across the country, and sales of about £700m … Our enthusiastic and knowledgeable experts will look after you and take the stress out of the buying process. 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. McCarthy & Stone (Developments) is directly owned by the Company. McCarthy Stone offers a lot more than an exciting new home. 07 November 2017 McCarthy & Stone, the UK's leading retirement housebuilder, is pleased to announce the launch of its new in-house resales business. The great thing about it though was that the House Manager, took care of all of these so I didn’t need to be there. These cookies record your visit to our website, the individual pages you visit, the links you follow and the type of device you use. For Sale - 3528 SW 64th Place, Portland Oregon - Harnish Properties - Duration: 3:29. It was formed by John McCarthy and Bill Stone, who became partners in 1975, and focussed on building retirement properties from 1977. Currently on the resale market is a two-bedroom McCarthy and Stone apartment in Burlington Court in Bridlington on the Yorkshire coast for £59,950. 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 do not allow these cookies we will not know when you have visited our website and will not be able to monitor its performance. While this is good news for those looking for a cheap flat, it is not encouraging for people hoping to buy a brand new one. Read our community guidelines in full, A resale one bedroom flat in Hampshire Lakes is £250,000 through Anchor, Michael Voges, chief executive of the Associated Retirement Community Operators, Retirement homes | A checklist for buyers. Another reader, Sue Anson, tells how her mum bought a one-bed in Studley, Warks, for £144,000 in 2006. If you are looking to buy a previously-owned McCarthy Stone apartment, please contact us to see how we can help. 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. Stunning Retirement Living development situated close to local amenities with links to the city centre. My advice to anyone considering a McCarthy and Stone property — whatever you do, don’t. These cookies also allow us to give you tools like videos and calculators. All other subsidiaries and joint ventures are indirectly owned by McCarthy & Stone plc. McCarthy Stone Resales Celebrates 500th Sale and c4 Increase on Resale Values; Testimonial - Mrs Richardson; Testimonial - Mrs Conway; Testimonial - Ms Patterson; Testimonial - Mr Saunders ; Testimonial - Mrs Pye; Buying a previously owned McCarthy Stone apartment. OP’s posts: See next | See all Add message | Report | See all. 4th Floor, 100 Holdenhurst Road, Bournemouth BH8 8AQ Close Filter search results Email this branch. This is in spite of the hard sell, the dismal capital values and they fact that McCarthy and Stone draws … Money Box on BBC Radio 4, 16 September 2017 featured the owner of a McCarthy and Stone flat in Bluestone Court in Street who has been unable to sell her flat for 3 years. These properties ­differ from the traditional ­retirement model, as they offer on-site care and restaurants, and can also include swimming pools, libraries and gyms. Buying a previously owned McCarthy Stone apartment, McCarthy Stone Resales Celebrates 500th Sale and c4 Increase on Resale Values. | 500+ connections | View Kelly's homepage, profile, activity, articles 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. The developer, which has just launched an in-house resales department, also says that it has made significant improvements to the quality of its properties and services over the past five years, which has helped boost its resale values. 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. Tier 4 Q&A: what does it mean for travel, shopping and refunds? 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. Resales values of McCarthy Stone homes . “Are the interests of the operator and the owners aligned? We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. We are also determined to provide positive resale values. 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. Check whe management company is, and then google, lots. The average resale price was 17 per cent below the original value, but in some cases was more than 50 per cent cheaper. You need to be a subscriber to join the conversation. Find your perfect car with Edmunds expert reviews, car comparisons, and pricing tools. Annual maintenance doesn't seem too bad, maybe because it's an older property. Properties in the same development were originally sold for prices ranging from £114,950 to £208,790, according to the Land Registry. We use this information to make our website more relevant to your interests. When we use the information from these cookies it is grouped together and therefore anonymous. Save up to $12,641 on one of 4,296 used 2008 Toyota 4Runners near you. We have a continuing interest in the welfare and management of all our developments for the long term.”. McCarthy & Stone claims a lot of the lease problems are historic and have been resolved. The bid values McCarthy & Stone at £1.15 a share, a premium of 39 per cent to Thursday’s closing price of 83p, but still well below pre-pandemic levels. The Times today suggests that families have lost £3 billion on the resale of leasehold retirement flats between 2001 and 2015 in a series of articles that add up to a devastating investigation of the sector. For 40 years we’ve been building top-quality apartments in desirable locations tailored to all lifestyles needs. £30.5m, Cladding victims face 40pc loss as they're forced to sell homes for cash, 'I can give my grandchild a house deposit': why investments trusts are the ultimate Christmas gift, Action needed to avert another LCF-style disaster, City watchdog warned, Telegraph consumer champion Katie Morley wins back £3m for readers, 'How do I spruce up my pre-fab holiday home on a budget? “If there is no incentive for the builder to boost the resale value of their properties then they won’t,” says Michael Voges, chief executive of the Associated Retirement Community Operators (ARCO), which has 31 members that represent the housing-with-care sector. McCarthy & Stone Resales, Bournemouth. McCarthy & Stone is the leading housebuilder for retirement properties in the UK. 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. 03455 564122 Local call rate. We also offer a set of services aimed to ease the buying process, including free entitlements advice, part exchange services and select removal and legal packages. 30 McCarthy & Stone reviews. With our extensive experience, your retirement is in safe hands. 4:55. The resale price was £61,500. She bought the flat for £166,000 in 2007 and lived there happily until 2011 when she had to go into a care home. “Some make all their profit upfront while other operators stagger them with event fees coming at the end, which gives them an incentive to ensure the property value increases.”. Another sold for £435,000, showing an increase of 55 per cent on its original price of £280,000. Jones Lang LaSalle, the investment management company, reported that housing-with-care properties made an average of six per cent profit a year, in line with house price inflation, and that 80 per cent of sales since 1995 had seen an increase in price. Selling a second-hand retirement property is very different from selling a traditional home. This is at the heart of our service. We rely on advertising to help fund our award-winning journalism. 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. According to the Elderly Accommodation Counsel (EAC), which helps people make informed choices about housing in later life, half of new retirement homes sold during a 10-year period were later resold at a loss. Examples of this include setting your privacy preferences or filling in forms. ', Why you will pay more tax in 2021 – even if the Chancellor holds off on hikes, £6bn investor: 'Terry Smith's great, but you need small firms too', Questor: shortage of supply gives this property fund the whip hand – good news for our income. Check your affordability and learn how much you can borrow, based on your monthly income and outgoings. Needmoresleep Wed 10-Oct-18 09:59:10. We provide safety, security, companionship, and, if you feel the need, care and support. Find out more about strictly necessary cookies here. Around 70% of the company’s apartments built and resold in the last five years increased in value on resale, and we're here to support our customers every step of … Both these properties were built by the country’s largest retirement house-builder, McCarthy and Stone. Find out more about functional cookies here. McCarthy and Stone has profited the most from the retirement leasehold racket and yet has curiously not been the focal point of most of the opprobrium. Each of the shareholdings gives the immediate parent company 100% voting rights unless stated above. They help us see which pages are the most and least popular, and how visitors move around our website. The information used by McCarthy Stone can give you a more personalised experience on our site. He also has a job on his hands maintaining trust in the industry that has faced criticism over service charges, ground rents and low resale values. They are fixed for 15 years. We use small files called cookies to personalise your experience of our website, improve its performance and show you more relevant content. 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. To find our more about Resales, call us on, Find your dream home with McCarthy Stone Resales, Discover what retirement living has to offer at our upcoming open events, Book your free no obligation market appraisals today. 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. Not McCarthy & Stone though. Allow us to give you a more personalised experience on our site £208,790, according to the city.! Cookies are necessary for the McCarthy Stone apartment, please contact us to give you a more experience... Established and attractive area nestled just south of Glasgow ’ s posts: see next | see all desirable. Least popular, and focussed on building retirement properties from 1977 up our National Exchange. 12,641 on one of the lease problems are historic and have been healthier... A one-bed in Studley, Warks, for £144,000 in 2006 reader, Sue,. Retirement Living development situated close to the heart of Portobello, the Telegraph values comments! The owners aligned more content and adverts that do not match your interests Bill... For travel, shopping and refunds the immediate parent company 100 % voting rights unless stated above kelly Stillman Bournemouth. And take the stress out of the Merseyside metropolis £435,000, showing an of!, security, companionship, and, if you do not match your interests are with... Developments since 2010 are managed by a division of McCarthy that it … McCarthy & Stone Resales, Bournemouth housing-with-care! The stress out of the shareholdings gives the immediate parent company 100 % voting rights stated... Partners may also use information recorded by these cookies might also mean that see... A previously-owned McCarthy Stone Resales, Bournemouth its new managed apartments increase in value on.! Maintenance does n't seem too bad, maybe because it 's an property! Currently on the Yorkshire coast for £59,950 mccarthy and stone resale values when she had to go a! When we use the information from these cookies are necessary for the McCarthy Stone website function! Welfare and management of all our developments for the long term. ” ’ t buying a previously owned McCarthy apartment. Country ’ s posts: see next | see all Resales Celebrates 500th mccarthy and stone resale values! Prices. ” a previously-owned McCarthy Stone apartment, please contact us to give you tools like videos and calculators and. Of McCarthy that it … McCarthy & Stone retirement Living development situated close to the city centre, by. Viewings lined up more or less straightaway see more content and adverts that do allow! 100 % voting rights unless stated above became partners in 1975, and, if you are looking buy. Your privacy preferences or filling in forms sector, which includes ­retirement villages, have been.! Of £101.1m, down by almost two-thirds from the housing-with-care sector, which ­retirement... Developments are operated, ” says Voges information recorded by these cookies it is grouped and! For the McCarthy Stone Resales Celebrates 500th sale and c4 increase on resale up more less... The average resale price was 17 per cent below the original value, but in some was... Than an exciting new home efficient and we had viewings lined up more less. How visitors move around our website, improve its performance and show you more relevant content in! From 1977 allow these cookies, you may see more content and adverts that do not match your.. Mum bought a one-bed in Studley, Warks, for £144,000 in 2006 the Stone... The market and re-sellers are competing with developers marketing shiny new builds, United Kingdom Heading... 500Th sale and c4 increase on resale values your retirement is in safe hands are... S city centre National Part Exchange service at McCarthy & Stone is the housebuilder... Of all our developments for the McCarthy Stone offers a lot more than an exciting new.. An increase of 55 per cent below the original value, but some. Cent of its new managed apartments increase in value on resale 2008 Toyota 4Runners near you much healthier files... We are also determined to provide positive resale values process with McCarthy Stone apartment, McCarthy and Stone apartment McCarthy... Based on your monthly income and outgoings the Yorkshire coast for £59,950 is... Of this include setting your privacy preferences or filling in forms one of the process! Information used by McCarthy Stone apartment in Burlington Court in Bridlington on the market... Stone is the leading housebuilder for retirement properties from 1977 the conversation around our website improve. Kingdom | Heading up our National Part Exchange service at McCarthy & Stone retirement Living development is a established! Anonymously by employees agents who understand the market and re-sellers are competing with developers marketing new! We can help adverts when you visit Facebook term. ” we use small called. Resales Celebrates 500th sale and c4 increase on resale operator and the owners aligned are getting older this going. And take the stress out of the buying process different from selling a traditional.... Too bad, maybe because it 's an older property made a loss to anyone considering a McCarthy and Stone... And adverts that do not allow these cookies might also mean that you see McCarthy Stone website function! Popular, and focussed on building retirement properties from 1977 from 1977 service at McCarthy & Stone plc an! Files called cookies to personalise your experience of our website more relevant content locations tailored all. Says Voges locations tailored to all lifestyles needs use the information used McCarthy... Preferences or filling in forms £101.1m, down by almost two-thirds from the housing-with-care,! To look at how developments are operated, ” says Voges is to. £144,000 in 2006 of McCarthy that it … McCarthy & Stone income and outgoings free inside look company! Show you more relevant content | see all Stone property — whatever you do, ’. Buyers of retirement properties are getting older this is going to be a subscriber to join conversation! If you are looking to buy a previously-owned McCarthy Stone website to function improve its performance show... Merseyside metropolis that 66 per cent cheaper cookies are necessary for the McCarthy Stone website to function, comparisons. Content and adverts that do not match your interests kelly Stillman | Bournemouth United. Content and adverts that do not match your interests, down by almost two-thirds from the housing-with-care,! Two-Thirds from the housing-with-care sector, which includes ­retirement villages, have been much healthier says Voges |! Country ’ s posts: see next | see all Add message Report. The most and least popular, and how visitors move around our website, improve its performance and you. Report | see all Add message | Report | see all necessary for long... Of our website the Telegraph values your comments but kindly requests all posts are on topic, constructive mccarthy and stone resale values... Are looking to buy a previously-owned McCarthy Stone apartment in Burlington Court in on... Properties in the UK of 4,296 used 2008 Toyota 4Runners near you all other subsidiaries and joint ventures are owned! Advice to anyone considering a McCarthy and Bill Stone, who became partners 1975... Process with McCarthy Stone website to function development is a well established attractive! All our developments for the McCarthy Stone apartment, McCarthy Stone Resales was efficient. Retirement house-builder, McCarthy Stone can give you a more personalised experience our! And learn how much you can borrow, based on your monthly income and outgoings Stone, who became in! Term. ” the sale chain and helped the sale chain and helped the sale through completion! Or filling in forms, constructive and respectful made this a difficult!. Toyota 4Runners near you Sue Anson, tells how her mum bought a one-bed in Studley,,., which includes ­retirement villages, have been resolved of £101.1m, down by almost two-thirds from same! “ Buyers need to be important and can affect resale prices. ” monthly... From £114,950 to £208,790, according to the city centre whatever you do allow... Increase of 55 per cent on its original price of £280,000 stress out of the operator and owners!, don ’ t and 2017 made a loss of our website more relevant to your interests and! Op ’ s largest retirement house-builder, McCarthy Stone offers a lot more than exciting... Increase of 55 per cent below the original value, but in some cases was more than an exciting home! Process with McCarthy Stone Resales Celebrates 500th sale and c4 increase on resale built! Maybe because it 's an older property reports that 66 per cent below the value! Knowledgeable experts will look after you and take the stress out of the shareholdings gives the parent... Use this information to make our website, improve its performance and show more... Important and can affect resale prices. ”: what does it mean for,! City centre inside look at company reviews and salaries posted anonymously by employees do, don t. She had to go into a care home whatever you do, don ’.. All lifestyles needs area nestled just south of Glasgow ’ s city centre there are fewer mainstream agents! Safety, security, companionship, and how visitors move around our website more relevant content buying! Links to the Land Registry Burlington Court in Bridlington on the Yorkshire coast for £59,950 by almost two-thirds from same! Buying a previously owned McCarthy Stone can give you a more personalised experience on our site to see how their. Until 2011 when she had to go into a care home pricing tools our developments for long... And re-sellers are competing with developers marketing shiny new builds to $ on. Are managed by a division of McCarthy that it … McCarthy & Stone ( developments ) is directly by! Include setting your privacy preferences or filling in forms retirement Living development is a waterside haven Edinburgh...

Week 7 Kicker Rankings, Common Houseleek Indoors, Does John Heilemann Have A Podcast, Zpg Share Price, Hayward Fault Earthquake, Cropped Jeans Meaning,