The benefits of retirement rentals
Most McCarthy & Stone developments offer retirement homes for rent or sale (or a bit of both). For many people, renting provides a quick, easy and flexible way to enjoy all the advantages of life in a beautiful McCarthy & Stone apartment. For some, it offers the chance to ‘try before you buy’.
If you’re not sure if renting a retirement property is right for you, talk to us. Our aim to make the entire experience, from making the best decision to moving in, as simple and straightforward as possible. Give us a call on: 0800 201 4811.
Retirement rentals offer:
- 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)
- No worries about maintenance costs
Download our Guide to renting
You’ve found the right apartment. What’s next?
Once you’ve chosen your new retirement property, you can reserve it with a deposit – this will be offset against your first month’s rental payment. We’ll then carry out standard identity and affordability checks and prepare the property for you to move into on an agreed date. All being well, you’ll sign up to an assured, affordable and flexible rental agreement and you can look forward to life in your new home.
Should you change your mind or we can’t proceed based on the results of the background checks, your reservation deposit will be returned to you in full.
Our friendly sales consultants will take you through every step and are always happy to answer any questions.
How it works – the details
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. We will contact you to arrange a convenient time.
Ending the Tenancy
Should you wish to end your tenancy after the 12 month fixed term, you need to provide two months written notice.McCarthy & Stone is a member of The Property Ombudsman, Membership Number: T04786
Fees include VAT at the prevailing rate where applicable
Welsh properties are licensed with Rent Smart Wales
Client Mony Protection (CMP) is provided by ARLA Propertymark
Independent Redress is provided by The Property Ombudsman
The rental agreement
Proof of Identity
Moving in payments
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.
The security deposit is equivalent to five weeks rent. Don’t worry, we’ll make sure you know the exact amount you need to pay in plenty of time.
McCarthy & Stone is part of the Tenancy Deposit Scheme, membership number G10625. Download the Tenancy Deposit Scheme leaflet.