The Unexpected Benefits of Renting in Retirement

More and more McCarthy Stone developments now offer the option to rent. We’ve also just launched our Summer Campaign, which enables those moving into a rental property for the first time to have their first month rent free. So, now is the perfect time to discover for yourself why renting could be the option for you.

The main draw for most is the flexibility and freedom that comes from renting. Whether you want to use your new-found free time to travel the world for months at a time or simply no longer want the stress of owning your home, renting makes it all possible.

There’s nothing to stop you from jumping back on the housing ladder in the future either, should your needs change. Leases on McCarthy Stone rental properties last for a year, so you have the freedom to move after this point, perhaps to a rental property in another development or to buy a property. Alternatively, if you would prefer to stay, then you have the reassurance that your rental apartment can be your home for as long as you wish due to the assured tenancy.

Making that transition from family home to then downsize into a retirement apartment can feel daunting. However, with renting you can make the move at pace that suits you, whilst also enjoying all that the retirement lifestyle can bring. Plus, with property maintenance taken care of when you need it, there’s no need to worry should anything go wrong.

Downsizing to a rented property in a McCarthy Stone development, also means you have the added peace of mind of having a House Manager on hand, should any concerns or questions arise, or even if you just want to say hello!

The equity released from selling and moving to a rental property is another appealing factor in choosing to rent. Whether you use the money to really make the most of your retirement by going travelling or taking up new hobbies or simply boosting your retirement income, renting can help make that happen.

Lastly, another fantastic benefit of moving to a retirement development is the sense of community. At McCarthy Stone developments, you’ll soon get to know your neighbours. You also have access to all the additional features that homeowners have, such as the homeowner’s lounge where you’ll find a very sociable atmosphere as well as being able to enjoy the communal grounds.

Don’t forget to keep an eye out for our regular events, from coffee mornings to ‘Fish and Chip Fridays’, these are great opportunity to get together with your neighbors. You might even find that renting a property gives you a whole new lease of life, just like these retirees.

So, if you think that the retirement lifestyle at our McCarthy Stone developments if only available to homeowners, then why not consider renting. With more developments being added on a regular basis, it is now even easier to enjoy renting during your retirement.