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FAQs - Renting a retirement property
Find answers to common questions about renting a retirement property, including how renting works and what to expect.
All payments for our retirement rentals are due on the 1st of each month and must be paid by direct debit.
Contact us online or call 0800 201 4811 for more information about our retirement rentals.
Yes, absolutely. If you rent your retirement property, you’ll enjoy the same access to facilities, amenities, and events as everyone else on the development, including the communal lounges, the landscaped gardens and a lively calendar of social events. On our Retirement Living Plus developments for the over 70s, you can also benefit from the onsite bistro/restaurant and access to domestic and personal care services and assisted living facilities.
If you’d like to move into a McCarthy & Stone retirement rental, we’ll ask you to complete a Rental Application Pack and an Income and Expenditure form. These give us the information we need to do standard background checks. You’ll be asked for proof of income, savings and/or pensions, along with copies of your last three months’ bank statements. You’ll also be asked to provide identification documents that comply with the latest Government Right to Rent regulations.
Contact us online or call 0800 201 4811 for more information about moving into our retirement rentals.
Yes. We sometimes carry out inspections to check the condition of the retirement property and to see if there’s any maintenance work we need to do. We will contact you to arrange a convenient time before we visit.
Yes. The rent is set at the point of purchase. An annual rent review on the date specified in your lease will be no higher than open market rent.
Get in touch by phoning 0800 201 4811 or online to find out more about how rental payments work.
The rent is set at the point of purchase. An annual rent review on the date specified in your lease will be no higher than open market rent.
Get in touch by phoning 0800 201 4811 or contact us online to find out more about how rental payments work.
An Assured Periodic Tenancy on a retirement rental gives you legal protection, meaning that if you abide by the conditions of your tenancy, you can live in the property for as long as you like. If you wish to move, you can serve two months at any time during your tenancy.
Contact us online or call 0800 201 4811 for more information about our retirement rentals.
Yes - to ensure that a retirement rental option is right for you - and affordable in the longer term - there will be standard checks as regulated by the Assured Periodic Tenancy agreement.
Contact us online or call 0800 201 4811 for more information about the financial checks we need for rental properties.
As the legal owner of the apartment, your landlord is responsible for paying the service charge. As the tenant, you will not pay the service charge, but you will still enjoy access to all the amenities and services on offer at the development.
Yes. You pay a deposit to secure your rental retirement property which is offset against your first month’s rental payment. A Tenancy Deposit, equivalent to five weeks' rent, will need to be paid when your tenancy begins.
Contact us online or call 0800 201 4811 for more information about deposits.